General World News

Non-Farm Payrolls poor 151K, but wages up 0.5% – USD rises

A mixed jobs report: job gains are poor with 151K but the unemployment rate is down to 4.9% and with a rise in the participation rate to 62.7%. Wages are surprisingly higher as well: 0.5% m/m and 2.5%. Revisions are balanced with a minimal drop of 2K. The US dollar is strengthening after the initial slide.Wages seem to have […]

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Source : ForexCrunch.Com