The US Department of Labor reported that Initial jobless claims fell by 5,000 in the week ending April 2 to 166,000, from the revised number from 202,000 to 171,000. The reading is the same as the low of two weeks ago, which are the lowest figures since the late 1960s. The published report incorporates revisions […]
Tag: job
Initial jobless claims rise to 202,000, remain near record lows
The Department of Labor reported that Initial jobless claims increased by 14,000 (from the lowest since 1969) andn the week ending March 26 to 202,000, above the 197,000 market consensus. Initial orders remain in the area of ​​historical lows. The Continued jobless claims fell by 35,000 in the week ending March 19 to 1,307,000which was […]
Jobs in the private sector increase by 455,000 according to ADP
ADP report in line with market expectations. The dollar without major changes, Wall Street extends fall. Nonfarm payrolls and unemployment rates on Friday. The ADP employment report showed numbers in line with expectations. According to ADP, jobs in the private sector increased in March by 455,000, in line with the 450,000 market consensus. February figures […]
AUD/USD hangs on to gains near weekly high just below 0.7350
A combination of supportive factors led AUD/USD to a new weekly high on Thursday. Upbeat Australian jobs data supported the Australian dollar and extended support amid a weaker USD. Sustained strength beyond the 0.7360-65 region would be seen as a new trigger for the bulls. The pair AUD/USD maintained its strong bid tone during the […]
The unemployment rate falls to 4%, its lowest level since 2008
Australia created 77,400 jobs in February, a figure that doubles the 37,000 expected by the market, and which notably improves on the 28,300 jobs created in January (figure strongly revised upwards from 12,900). The country has been generating employment for four consecutive months, with February being its highest level since November. The Australian unemployment rate […]
Employment increases by 336,600 in February, above the 160,000 expected
February was the best month for job creation since September 2020. The loonie rose across the market on the data. The employment report Canada February showed figures above expectations, which made the loonie rise strongly in the market. The economy created 336,000 jobs in February, higher than the 160,000 market consensus. This is the best […]
USD/CAD consolidates above 1.2750, traders await Canadian jobs report
USD/CAD struggled to gain significant traction on Friday and remained confined to a range. The USD gained traction for the second day in a row and extended some support to the pair. A rebound in oil prices underpinned the loonie and capped gains ahead of the Canadian jobs report. The pair USD/CAD traded between tepid […]
Initial requests for unemployment benefits rise to 227,000, exceeding expectations
The United States Department of Labor reported that Initial jobless claims increased by 11,000 in the week ending March 5 to 227,000, a figure higher than the 216,000 market consensus. The continued orders had an increase of 25,000 in the week ended February 26 to 1,494,000, a number above the 1,339,000 expected by the average […]
EUR/USD weakened, falls towards 1.0930 after NFP report
EUR/USD bearish tone remains intact below 1.1000. US nonfarm payrolls increased by 678,000 jobs in February. The unemployment rate ticked down to 3.8%. The selling interest around the single currency remains nice and solid at the end of the week and drags the EUR/USD to the 1.0930 area on the back of US NFPs. EUR/USD […]
Nonfarm payrolls rise by 678,000 in February, beating expectations of 400,000
Non-Farm Payrolls rise by 678,000, exceeding expectation of 400,000 Unemployment rate falls to 3.8% vs. 3.9% expected. The dollar fell slightly after the data. The February’s official report from the United States showed, in general, figures better than expected. The positive in terms of job creation was overshadowed by a stagnation in hourly earnings. The […]