1:30 PM · 4 October 2024

BREAKING: Massive NFP increase. EURUSD dipped below 1.10

  • Change in Non-farm Payrolls: 254k (expected: 150k; previous: 142k)
  • Change in Private Payrolls: 223k (expected: 125k; previous: 118k)
  • Two month-revision: 72k (previous: -82k)
  • Change in Manufacturing Payrolls: -7k (expected: -8k; previous: -24k)
  • Unemployment rate: 4.1% (expected: 4.2%; previous: 4.2%)
  • Average Hourly Earnings: 4.0% (expected: 3.8% YoY; previous: 3.8% YoY)
  • Average Hourly Earnings monthly change: 0.4% (expected: 0.3% MoM; previous: 0.3% MoM)

EURUSD has dipped below 1.10 after the release as US adds more than 200k jobs, first time since June and is the highest since May. Before the release, market was pricing about 33% probability of Fed lowering rates by 50 basis points. With such a big surprise, a chance for the bigger rate cut is rather pretty low. 

 

 

18 June 2026, 2:03 PM

China nears bear market territory 🚩 Alibaba and Tencent lead selloff

18 June 2026, 12:59 PM

Market Wrap: Dollar strongest since May 2025, auto stocks under pressure (18.06.2026)

18 June 2026, 12:08 PM

BREAKING: BoE keeps rates unchanged 🇬🇧 📌 GBPUSD extends losses 📉

18 June 2026, 10:20 AM

Swiss franc weakens after SNB keeps rates unchanged

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