Series 7 - General Securities Representative Exam
NFP - Non Farm Payroll data was just released. It came out higher than expected. What is the MOST likely effect on the US Dollar?
It will be shortedA
It will not be affectedB
It will go downC
It will go upD
NFP data measures the change in the amount of employed people during the previous month (excluding farming). If the number is higher than anticipated, it would most likely be bullish for the US Dollar