Macro Monday 19
Total Non-Farm Payrolls: Pre-Recession Observations
What is Non-Farm Payroll?
The nonfarm payroll measures the number of workers in the U.S. includes 80% of US workers. The figures exclude farm workers (Nonfarm) and workers in several other job classifications such as military and non-profit employees.
Data on nonfarm payrolls is collected by...
The Japanese yen has been on an impressive streak but has dropped sharply on Monday. USD/JPY is trading at 135.83, up 1.13% on the day.
The US dollar is showing some signs of life, courtesy of Friday's US employment report, which was stronger than expected. The economy created 263,000 jobs in November, slightly lower than the October reading of 284,000 but well...