US releases mixed employment data

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


The United States have published their monthly employment data for August.

US Average Hourly Earnings on a month-on-month basis have increased by 0.3%, compared to forecast 0.4%. Non-farm Employment Change has beat the forecast, as 315,000 new jobs have been crated instead of 295,000. Meanwhile, the official Unemployment Rate is at 3.7% and not the forecast 3.5%.

The market took in the news as bad for the US Dollar, as the US currency dropped nearly 0.30% in the few minutes after the announcements.
Back to articles

Actual Topics

Tue, 20 Sep 2022 12:50:53 GMT

Canadian CPI causes CAD decline

At 12:30 GMT, Statistics Canada revealed that inflation in Canada had decreased more than expected. The news caused a decline of the Canadian Dollar, as it signals that the Bank of Canada is managing in its fight against inflation and it could reduce its monetary tightening plans. The market consensus was that inflation in Canada had decreased by 0.1%.

Thu, 01 Sep 2022 14:19:18 GMT

US ISM Manufacturing PMI boosts USD

At 14:00 GMT, the US Dollar strengthened against peer currencies and other assets. The surge occurred due to the better than expected US Institute for Supply Management Purchasing Managers Index survey results. The index beat the market expectations of 52.1 by being revealed to be 52.8. The better results indicate that the US Federal Reserve can continue to tighten

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.