United States publish employment data

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


The United States Bureau of Labor Statistics has just published the monthly employment data. The markets were waiting for the release for most part of the week.

In general, the event has caused a spike up of the US Dollar that amounted to 52 points or 0.49%.

Released data most importantly consists of the Non-Farm Employment Change, Average Hourly Earnings and Unemployment Rate.

Non-Farm Employment Change shows the actual change in the number of employed people in the previous month, but excludes the farming industry that has cyclical changes. The market consensus forecast was that there would be an increase of 171,000 employed people during September. However, the actual number is staggering 336,000.

Average Hourly Earnings shows the month on month comparison change of the average salary. Namely, a large increase of average wages signals inflation further down the line and domestic demand for the US Dollar in the form of higher salaries. Markets expected salaries to have increased by 0.3%, but the actual numbers is an increase of 0.2%.

The Unemployment Rate is the percentage of the economically active population that is out of job. It is not the percentage of the population not working, but the people that have lost or left their jobs recently and are actively looking for work. Analysts expected the rate to be at 3.7%. Actual published numbers is 3.8%
Back to articles

Actual Topics

Wed, 11 Oct 2023 12:37:06 GMT

United States publish Producer Price Index

The United States Bureau of Labor Statistics has just published the monthly US Producer Price Index and Core Producer Price Index. The data reveals inflation at the manufacturing level. In theory inflation at the producer level is followed by inflation at the consumer level. The PPI was expected to show an increase of 0.3% and the Core PPI was forecast

Thu, 28 Sep 2023 13:38:09 GMT

US GDP release causes volatility

The publication of the United States Final Gross Domestic Product has caused major volatility of the US Dollar index. The index plummeted 18 points, before recovering as much as 35 base points. The finalized quarterly GDP data revealed that GDP had increased by 2.1% not the expected 2.2%. It indicates that the US economy is weaker than expected, which signals

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.