Non Farm Payrolls Today

28 July, 2011


1.30pm today sees the release of key monthly employment data in the USA – “non-farm payrolls”. This is an estimate of the number of workers in the US drawing a salary, excluding seasonal industries like farming.

It is not unusual for the figures to be wildly different to expectations, which can cause volatility in the US dollar exchange rate. Those of you looking to either buy American dollars, or even to bring Dollars back to the UK, would be well advised to look at rates this afternoon as there may be opportunities to buy.

A reputable foreign exchange broker will of course be able to provide help for your specific circumstances.