United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March
United States Average Hourly Earnings (YoY) registered at 3.5%, below expectations (3.7%) in March
United States Average Hourly Earnings (MoM) below expectations (0.3%) in March: Actual (0.2%)
United States Average Weekly Hours below forecasts (34.3) in March: Actual (34.2)
United States Labor Force Participation Rate declined to 61.9% in March from previous 62%
United States Unemployment Rate came in at 4.3% below forecasts (4.4%) in March
United States U6 Underemployment Rate fell from previous 7.9% to -8% in March
United States Nonfarm Payrolls above forecasts (60K) in March: Actual (178K)
USD/JPY trades flat on Friday, fluctuating between minor gains and losses as thin holiday liquidity keeps price action subdued. At the time of writing, the pair is trading around 159.58, with traders staying on the sidelines ahead of the US Nonfarm Payrolls (NFP) report.
The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway through March’s trading range.
India FX Reserves, USD down to $688.06B in March 23 from previous $698.35B
The Australian Dollar’s (AUD) recovery attempt against the US Dollar (USD) has been capped a few pips ahead of the 0.6920 level. The pair has been trimming gains on Friday, returning to the 0.6900 area at the time of writing, with all eyes on the release of the US Nonfarm Payrolls report.
The British Pound (GBP) trades slightly higher against the US Dollar (USD) on Friday, as modest softness in the Greenback lends some support.