The US economy unexpectedly added only 194 k/million jobs in September, compared to 235k increase in August and well below market expectations of 500k.
The jobless rate declined to 4.8% from 5.2% last month, below market estimates of 5.1%.
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Create account Try a demo Download mobile app Download mobile appAverage hourly earnings for all employees on private nonfarm payrolls rose to 4.6% YoY, from 4.3% increase in August and in line with market expectations of a 4.6% increase.
Weak job growth lowers the odds the Federal Reserve will soon start tapering.
EURUSD initially currency pair rose after today's data release, however sellers manage to quickly regain control and price is testing support at 1.1560. Source: xStation5
