The US economy unexpectedly added only 266k jobs in April, compared to a 916k increase in March and well below market expectations of 978k.
The jobless rate rose slightly to 6.1 % from 6.0% last month and above market estimates of 5.8%.
Average hourly earnings for all employees on private nonfarm payrolls rose 0.3 % YoY, after 4.2% increase in March and above market expectations of a 0.4% decline.
USDCAD fell after today's data releases from US and Canada. Pair is heading towards the support at 1.2145. Source:xStation5
Strong Service ISM Reading as activity expanded most since 2022
BREAKING: Stronger than expected ADP fails to support the dollar 🇺🇸
Economic calendar: ADP Labor market report and ISM services 🔎
Morning wrap (04.03.2026)