So next time you are preparing for your forex trading day or the next week
, take a look at the fundamental information on the events calendar that will be released in the next day or week . If you are still in the month's first week then on that Friday there will be the release of the Non-Farm Payrolls report since this is always the day of release. If you're looking to take advantage of the volatility that comes after the release of the jobs report , just remember the following formula : If the number of jobs are stronger than anticipated, it usually means the economy is stronger which means higher short term interest rates that lead to currency strength . Conversely , if you find the jobs report is weaker than it was expected to be usually you'll get short term interest rates that are lower, causing weakness of currency . Of course it's not always this cut and dry or black and white , but knowledge of these general parameters will give you a leg up on your fellow trading competitors .