“April’s US Nonfarm Payrolls Surpass Expectations with 177,000 New Jobs Added”
The US Bureau of Labor Statistics (BLS) released the Nonfarm Payrolls (NFP) report for April on Friday, showing a job gain of 177,000 in the United States (US). This was a slight decrease from the revised March figure of 185,000 and exceeded the analysts’ expectations of 130,000.Other key details from the employment report included the […]
US Non-Farm Payrolls Exceed Expectations, Causing EUR/USD to Retrace Initial Gains
In the North American session on Friday, EUR/USD is facing selling pressure near the intraday high of 1.1355. The major currency has pulled back from its earlier high as the US Dollar (USD) gains strength following the release of the US Nonfarm Payrolls (NFP) data for April. The US Dollar Index (DXY), which tracks the […]
dataPound Sterling loses most of its gains against US Dollar following positive US NFP report
In Friday’s North American session, the Pound Sterling (GBP) has slid from its earlier peak of 1.3320 against the US Dollar (USD). This decline in the GBP/USD pair is due to the USD rebounding after the US released optimistic Nonfarm Payrolls (NFP) data for April. The US Dollar Index (DXY), which measures the value of […]
dataPound Sterling relinquishes most of its gains against US Dollar following positive US NFP report
During the Friday trading session in North America, the Pound Sterling (GBP) has retreated from its peak of 1.3320 against the US Dollar (USD). The GBP/USD pair has given back some of its earlier gains as the US Dollar rebounds following the positive United States (US) Nonfarm Payrolls (NFP) data for April. The US Dollar […]