US employment moves the markets

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


The US Bureau of Labor Statistics has published the monthly US employment data sets. Data reveals a mixed month, as the statistics have shown good and bad aspects in the US labour market.

USD reacted to the news by sharply dropping and resuming the previous decline, as mixed news appear to have allowed the market to continue on in the prior direction.

Non-Farm Employment change has shown that 275,000 new jobs were created. Market expectations were for 198,000. Average Hourly Earnings were expected to have increased by 0.2%, but actual increase was just 0.1%. Unemployment Rate is at 3.9% instead of the forecast 3.7%.
Back to articles

Actual Topics

Thu, 14 Mar 2024 14:34:40 GMT

US PPI causes Dollar surge

Despite the US Consumer Price Index not impacting the markets on Tuesday, there is still inflation at the producer level. Namely, the publication of the US Producer Price Index has revealed that inflation in the US is persistent. The new data indicates that the US Federal Reserve still has to combat inflation by tightening monetary policy. The Fed cannot

Thu, 07 Mar 2024 13:37:06 GMT

European Central Bank follows Fed policy

The ECB Main Refinancing Rate has just been released. As expected, the central bank has kept the rate at 4.50%. In addition, the central bank published its Monetary Policy Statement. The event caused a minor 0.20% dip of the EUR/USD. The dip was attributed to a sentence in the policy statement. "Financing Conditions are restrictive and past interest rate

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.