Higher employment rates may indicate the expansion of national companies, potentially impacting the stock market. Moreover, an increase in potential consumer spending would lead to economic growth. NFP also reports about the working time spent and the average wage rate, the growth of which can lead to higher interest rates.
If data is better than the forecast, it often pushes the EURUSD chart down. CFDs often most impacted by the NFP are FX Pairs with US Dollar.
Be prepared for increased volatility, especially in the moments before and after the publication.