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Friday, May 5, 2017

[FOREX NEWS] NFP beats with 211K but wages only 2.5% y/y – USD cannot rally

Better than expected jobs report: the US economy gained 211K jobs in April and the unemployment rate ticked down to 4.4%. Wages are up 0.3% m/m as expected but only 2.5% y/y. The dollar began positively but is now sliding. The US was expected to report a gain of around 195K jobs in April, after [...]

The post NFP beats with 211K but wages only 2.5% y/y – USD cannot rally appeared first on Forex Crunch.



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