Reflecting the impact of Hurricanes Harvey and Irma, the Labor Department released a report on Friday showing an unexpected decrease in employment in the U.S. in the month of September. The report said non-farm payroll employment fell by 33,000 jobs. more...
Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K expansion in U.S. Non-Farm Payrolls (NFP) paired a pickup in household earnings may trigger a near-term pullback in EUR/USD as it puts pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy sooner rather than later. Why Is This Event Important: With the U.S. economy approaching full-employment, signs of higher wage growth ...
US Dollar Forecast: Dollar Descent Continues as U.S. Markets Stare Down NFP, PCE The USD Pain Trade has continued for another week as the Fed laid the groundwork to begin Quantitative Tightening. Key inflation and employment prints on the docket for next week will likely keep the Greenback on the move. British Pound Forecast: Trending Up Against USD, Sideways Against EUR The coming week will be dominated by a meeting of the ...
The employment recovery that began under President Barack Obama shows little sign of slowing down under his successor: new hiring data out Friday morning shows the U.S. economy added jobs for the 79th consecutive month, and that the unemployment rate has dropped to its lowest level in 10 years. more...
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...
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