Currency Analyst since 2010

NFP didn't meet expectations

US dollar is declining versus its counterparts on worse-than-expected labor market figures.

US non-farm payrolls rose by 223K (forecast: +231K). The previous reading was revised down from 280K to 254K.

American unemployment rate fell from 5.5% to 5.3% (forecast: 5.4%).

Average hourly earnings were flat (forecast: +0.2%).

Unemployment claims rose to 281K (forecast: 270K).

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