Read more

BREAKING: EURUSD plunges on upbeat NFP data

2:33 PM 3 February 2023

Highly anticipated NFP report was released at 1:30 pm GMT and showed the US economy unexpectedly added 517   k jobs in January, compared to 223k increase in December and well above market expectations of 185k. 

The jobless rate declined to 3.4% from 3.5% last month and below market estimates of 3.6%. 

Closely watched wage growth fell to 4.4% YoY, from 4.6% increase in December and above market expectations of a 4.3% YoY.

EURUSD pair broke below support at 1.0870 after release of NFP data. Source: xStation5

Share:
Back

Market News

02.07.2025
07:01

Economic calendar: ADP – the first US jobs report of the week 🎯

Today we’ll receive the first jobs report from the U.S. this week. Although its importance has declined somewhat recently, it remains a publication...

 06:36

Morning Wrap (02.07.2025)

Asian markets are having a generally calm session. The main indexes are seeing moderate gains in the range of 0.00–0.60%, with the biggest...
01.07.2025
18:42

Daily summary: Big Beautiful Bill passed through Senate, Wall Street retreats form record highs (01.07.2025)

Wall Street starts the new week with mixed sentiment in reaction to macroeconomic data and comments from Jerome Powell, which support the Fed’s...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits