Last Friday, USD weakened against all major currencies.
The U.S. jobs report released last Friday indicated a higher-than-expected job gains in June. At the moment, the jobs market is still around 6.4 million jobs away from its pre-pandemic level. Unemployment rate rose slightly as a result of more people leaving their jobs involuntarily and that there is a rise in the number of job seekers.
U.S. banks will be closed today in observance of Independence Day. Expect lower than usual trading volatility and volume.
The U.S. jobs report released last Friday indicated a higher-than-expected job gains in June. At the moment, the jobs market is still around 6.4 million jobs away from its pre-pandemic level. Unemployment rate rose slightly as a result of more people leaving their jobs involuntarily and that there is a rise in the number of job seekers.
- Average Hourly Earnings m/m (Actual: 0.3%, Forecast: 0.4%, Previous: 0.4% revised from 0.5%)
- Non-Farm Employment Change (Actual: 850K, Forecast: 700K, Previous: 583K revised from 559K)
- Unemployment Rate (Actual: 5.9%, Forecast: 5.6%, Previous: 5.8%)
U.S. banks will be closed today in observance of Independence Day. Expect lower than usual trading volatility and volume.