Last Friday, USD weakened against all major currencies.
The U.S. Non-Farm Payrolls data released last Friday indicated a small number of jobs gained in January while unemployment rate continues to decline. Average hourly earnings increased at a slower pace. The soft jobs report led to a slight increase in the market’s risk appetite, causing the demand of USD to fall against other major currencies.
The U.S. Non-Farm Payrolls data released last Friday indicated a small number of jobs gained in January while unemployment rate continues to decline. Average hourly earnings increased at a slower pace. The soft jobs report led to a slight increase in the market’s risk appetite, causing the demand of USD to fall against other major currencies.
- Average Hourly Earnings m/m (Actual: 0.2%, Forecast: 0.3%, Previous: 1.0% revised from 0.8%)
- Non-Farm Employment Change (Actual: 49K, Forecast: 77K, Previous: -227K revised from -140K)
- Unemployment Rate (Actual: 6.3%, Forecast: 6.7%, Previous: 6.7%)
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