The US economy unexpectedly added 916k jobs in March, compared to 379k increase in February and well above market expectations of 630k. It is the highest increase sine August. The jobless rate declined to 6.0% from 6.2% last month. Average hourly earnings for all employees on private nonfarm payrolls rose to 4.2 % YoY, below market expectations of a 4.5% gain.
EURUSD fell after today's data releases and is heading towards support at 1.1751. Source:xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰