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US Employment creates USD strength

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The United States monthly employment data has been revealed to be better than expected. The news have caused a surge of the US Dollar, which can be observed across all of the financial markets.

The Average Hourly Earnings beat the forecast of 0.3% by being at 0.6%. The Non-Farm Employment Change revealed that 263,000 new jobs have been created instead of expected 200,000, and the US Unemployment Rate is at 3.7%

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