01:30 PM BST, United States - Employment Data for July:
-
Nonfarm Payrolls: actual 73K; forecast 106K; previous 14K (revised from 147K)
-
Two-month revision: -258K
-
Private Nonfarm Payrolls: actual 83K; forecast 100K; previous 3K;
-
Government Payrolls: actual -10.0K; previous 11.0K;
-
Manufacturing Payrolls: actual -11K; forecast -3K; previous -15K;
-
Unemployment Rate: actual 4.2%; forecast 4.2%; previous 4.1%;
-
U6 Unemployment Rate: actual 7.9%; previous 7.7%;
-
Average Hourly Earnings: actual 0.3% MoM; forecast 0.3% MoM; previous 0.2% MoM;
-
Average Hourly Earnings: actual 3.9% YoY; forecast 3.8% YoY; previous 3.8% YoY;
The Payrolls came in much lower-than-expected, in oposition to surpsiingly higher ADP reading on Wednesday. The revision of last month's reading is substantial (from 147K to 14K), perhaps making it an even more important point than July's reading itself.
EURUSD surges 1.1% following the data release, breakig well above 1.15 mark. Traders now see a 75% chance of Fed lowering rates in September (previously the split was 50-50).
Source: xStation5
Economic calendar: NFP data and US oil inventory report ๐ก
Morning Wrap: Dollar in a trap, all eyes on NFP ๐๏ธ(February 11, 2026)
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
Economic calendar: Indices and EURUSD await US retail sales report
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
