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U.S. – NonFarm Payrolls (210K vs 550K exp)

U.S. – NonFarm Payrolls (210K vs 546K)

Previous: 546K
Forecast: 550K
Current: 210K

Unemployment fell from 4.2% to 4.6%.

Nonfarm Payrolls measures the change in the number of employees in the previous month, excluding agriculture. Job creation is the most important indicator of consumer spending, which accounts for the bulk of economic activity.

Higher than expected readings should be taken as positive / bullish for the US dollar, while lower than expected readings should be taken as negative / bearish for the US dollar.

* In economic news, investment banks, market makers and prime brokers may quote wider spreads, sharp movements, gaps and possible execution at a price other than the stated / first possible market price /. In the first few seconds, execution may be delayed due to the accumulation of orders well in excess of the banks’ ability to process.


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