• US employment data in the private sector surpassed expectations

    30 Aug 2017 03:15 PM |

    In August, jobs in the US private sector rose by 237,000 jobs, exceeding expectations of only 185,000 jobs. The July reading was revised to 201,000 jobs from 178,000 jobs.

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  • UK labor market data continue to improve

    16 Aug 2017 01:12 PM |

    Unemployment in the UK fell to 4.4% in the three months to June from 4.5% recorded in the previous month, better than expectations for stability at the same rate as the previous month. Bringing it to the lowest level over 42 years.

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  • Weekly Wrap Up (31 July – 4 August)

    4 Aug 2017 08:21 PM |

    The US dollar managed at the end of the week to erase losses since the beginning of the week, following positive employment data that exceeded expectations in July. The Non-Farm Employment Change Index added 209 K jobs with the June reading revised to 231 K jobs. Also, unemployment rates were at their 16-year low of 4.3%, and the hourly wage rose by 0.3% in July.

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  • Daily Wrap Up – 20 July

    20 Jul 2017 06:56 PM |

    The Australian dollar bounced higher again to opening levels after falling in early trading, following Australian labor market data, which came within the expectations adding 14,000 jobs in June and participation rate rose to a 17-month high of 65%. The reason of declining of AUD is the downward revision of the employment change index and unemployment rate. The AUDUSD is now approaching its daily high of 0.7988, which is also its highest level in more than two years.

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