OctaFX | OctaFX Forex Broker
Open trading account
Back

Breaking: Non-Farm Payrolls misses with 145, USD falls

The US economy has gained only 145,000 jobs in December, worse than expected. Moreover, wages have risen by only 0.1% monthly, 2.9% yearly. 

The dollar is down across the board.

-- more to come

Follow all the NFP updates live

Economists expected an increase of 164,000 jobs in the US in December, a moderate increase in comparison with the leap of 266,000 in November. Wage growth was forecast to remain steady at 3.1% yearly and rise by a monthly pace of 0.3% monthly. 

Data leading to the publication mostly beat expectations with ADP's private-sector labor report printing 202,000 positions gained and the employment component of ISM's services sector survey advancing. 

The US dollar has been rising throughout the week, benefiting from the upbeat economic statistics and also from safe-haven flows related to the standoff with Iran. 

GBP/USD remains below 1.3100 handle ahead of NFP

The GBP/USD pair traded with a mild positive bias on Friday, albeit lacked any strong follow-through and remained below the 1.3100 round-figure mark.
Read more Previous

United States U6 Underemployment Rate below forecasts (6.8%) in December: Actual (6.7%)

United States U6 Underemployment Rate below forecasts (6.8%) in December: Actual (6.7%)
Read more Next
Start livechat