Last Friday, USD weakened against all major currencies.
The U.S. Non-Farm Payroll data released last Friday indicated a mixed set of results. While employment change was disappointing, the figures for last November and October were revised upwards, totalling 141,000 jobs. Furthermore, unemployment rate has hit a new pandemic low while average hourly earnings rose faster than expected.
The U.S. Non-Farm Payroll data released last Friday indicated a mixed set of results. While employment change was disappointing, the figures for last November and October were revised upwards, totalling 141,000 jobs. Furthermore, unemployment rate has hit a new pandemic low while average hourly earnings rose faster than expected.
- Average Hourly Earnings m/m (Actual: 0.6%, Forecast: 0.4%, Previous: 0.4% revised from 0.3%)
- Non-Farm Employment Change (Actual: 199K, Forecast: 426K, Previous: 249K revised from 210K)
- Unemployment Rate (Actual: 3.9%, Forecast: 4.1%, Previous: 4.2%)
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