Abstract
Non-farm employment data is about a status of U.S employment rate monthly .It reflects the trend of the U.S. economy. The quality of economy depends on the data to be good or bad。At the same time, Non-farm employment data also effects what is the attitude of Federal Reserve to monetary policy on the dollar. Therefore, it is one of the most important economic data in U.S. The purpose of this paper mainly studies that how the Non-farm employment data affects the trend of dollar. Firstly, this paper Indicate the concept of U.S. payrolls data and dollar index and their significance. Secondly, it collects relevant historical data about U.S. payrolls data and dollar index. Combining other factors’ effects on the dollar to break out the influence of non-farm data, it gives the correlation between Non-farm employment data and dollar in Special period at last. Uses the way of econometrics to build the model and by the software of eviews applies statistics method to analysis linear correlation between these data. Also from the long-term and short-term point of view to consider the impact of Non-farm employment data to the trend of dollar, it concludes that there is a certain correlation between them.
Keywords:U.S. payrolls data;the trend of dollar;correlation