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NonFarm Payrolls (NFP) is so important in the Forex market. The US Non-Farm Payrolls is a monthly report that measures how many new jobs were gained during the previous month, excluding farm related jobs.
The Federal Open Market Committee is a branch of the Federal Reserve System. The FOMC determines the direction of monetary policy by directing open market operations. The committee is made up of 12 members.
The Governing Council assembles twice a month. It has two types of meetings: a monetary policy meeting, held every six weeks, and a non-monetary policy meeting in which it discusses the other responsibilities of the ECB.
Find out about the Organisation of the Petroleum Exporting Countries (OPEC) meeting and announcement – including why it’s important for traders and its effect on global oil prices. Here you can find details of forthcoming OPEC events.
BOC is the Canadian’s Central bank that administers the country’s monetary policies. The Bank of Canada’s announcements informs Canadians about the interest rates and other financial policies of the government.