Tag: nonfarm payrolls report

Euro notes
December 08, 2023 BY Simon Mugo

EURUSD: Euro Falls Against Dollar on Upbeat Non-Farm Payrolls

In addition to the information mentioned above, the non-farm payrolls report also revealed that the Unemployment Rate declined, dropping from 3.9% in the same period to 3.7%. This shift indicates a positive trend in the labour market. As measured by the change in Average Hourly Earnings, annual wage inflation remained stable at 4%, aligning with…

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