Non-Farm Payrolls — News Archive

Stellar Non-Farm Payrolls Lead to Rally of US Dollar

The US dollar rallied against the basket of major currencies today after the stellar non-farm payrolls that have exceeded even optimistic forecasts. The currency gained more than 1 percent and climbed to the highest level in almost 13 years against the Japanese yen.

Dollar Firms Ahead of Non-Farm Payrolls

The US dollar firmed a bit today as positive unemployment data returned optimism to dollar bulls ahead of tomorrow non-farm payrolls. Earlier, the currency had been subdued due to concerns about the US economy and hopes for positive resolution of the Greek crisis.

NZ Dollar Mixed amid Rebalancing

The New Zealand dollar was mixed during the Tuesday’s trading session. The currency dropped against its US counterpart but gained on the Japanese yen while traders were rebalancing their positions after the shock caused by the Friday’s non-farm payrolls from the United States.

Trading Week Ends on Sour Note for Dollar

Dollar bulls had high expectations for this trading week due to the optimistic outlook for the US non-farm payrolls. But their hopes were shattered after the employment report turned out to be far worse than it was expected.

Weak Non-Farm Payrolls Hurt US Dollar

The US dollar received a significant hit to its strength today after the release of non-farm payrolls. While dollar bulls were very optimistic ahead of the NFP report, their optimism evaporated after the actual reading turned out to be almost two times weaker than forecasts.

US NFP & European QE Make Week Stellar for Dollar

The US dollar had an amazing trading week, reaching the highest level in more than a decade against the euro, thanks to positive economic data from the United States and quantitative easing in Europe.

NFP Surprise Positively, Early Rate Hike Is Probable

One of the most important events this week was today’s release of US non-farm payrolls. While analysts expected robust employment growth, the actual report turned out to be even better than was expected, spurring talks about an early interest rate hike from the Federal Reserve. The US dollar rallied against its most-traded peers as a result.

Mixed Week for US Dollar

The US dollar was rather mixed during this week. The currency fell against the euro initially but bounced later to end the week flat. The greenback climbed against the euro but dropped versus commodity currencies as well as the Great Britain pound.

Dollars Shoots to Upside After Stellar Non-Farm Payrolls

The US dollar soared today after US non-farm payrolls demonstrated amazing figures even though the unemployment rate increased. The greenback was especially strong against the Japanese yen.

Dollar Drops After Stellar NFP; What’s the Reason?

The US dollar dipped against its major peers today even though US non-farm payrolls came out even better than optimistic expectations. Can the weird behavior be explained? So happens, market analysts have a theory that justifies the poor performance of the US currency.

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