Employment in the U.S. rose by much less than anticipated in the month of March, according to a report released by the Labor Department on Friday, although the unemployment rate still fell to its lowest level in almost ten years. The report said non-farm payroll employment climbed by 98,000 jobs in March. more...
Reinforcing expectations of an interest rate hike by the Federal Reserve next week, the Labor Department released a report on Friday showing stronger than expected job growth in the month of February. The Labor Department said non-farm payroll employment jumped by 235,000 jobs. more...
Reinforcing expectations of an interest rate hike by the Federal Reserve next week, the Labor Department released a report on Friday showing stronger than expected job growth in the month of February. more...
Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K rise in U.S. Non-Farm Payrolls (NFP) may fuel the bullish sentiment surrounding the greenback and trigger a pullback in EUR/USD should the report put increased pressure on the Federal Reserve to further normalize monetary policy. What’s Expected: Why Is This Event Important: With the Federal Open Market Committee (FOMC) widely anticipated ...
Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless rate may trigger a near-term decline in EUR/USD as the ongoing improvement in the labor market puts increased pressure on the Federal Open Market Committee (FOMC) to raise the benchmark interest rate sooner rather than later. What’s Expected: Why Is This Event Important: ...