07.08 - US Non-Farming Payrolls Data (July)
- Averge Hourly Earnings (Mon): 0,1% (Expected: 0,1%; Previously: 0,3$)
- Average Hourly Earnings (YoY): 3,2% (Expected: 3,5%; Previously: 3,4%)
- Non-farm Payrolls: -23k (Expected: 85k; Previous: 20k)
- Participation rate: 61,4% (Previously: 61,5%)
- Unemployment Rate: 4,1% (Expected: 4,2%; Previously: 4,2%)
Despite the lower unemployment rate, the latest labor market data paint a bleak picture.
Average hourly earnings have fallen sharply, and the National Labor Force (NFP) itself has contracted sharply.
The only reason for the decline in the unemployment rate in these circumstances is the falling labor force participation rate.
The market is reflecting these macroeconomic sentiments and is strongly discounting the dollar following the data release.
EURUSD (M1)
Souce: xStation5
The dollar sinks after labor market data💲📉
US OPEN: Shallow rebound in the shadow of a weak labor market
Dollar and Nasdaq facing a key test
Market Wrap: Tech lifts Europe to new record highs! Metals keep rallying despite stagnant USD (07.08.2026)
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.
