Tag Archives: US jobs

Dollar hurt by soft US jobs data

The dollar was dragged lower against the yen on Wednesday after a weaker-than-expected ADP jobs report. A private employment report in the US by ADP payrolls processor indicated that fewer than forecast  jobs were created in March, as the private sector only added 158,000 jobs, versus the expected 200,000. This was the lowest payroll change since October. Meanwhile February's ADP private...

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April 3, 2013 @ 1:39 pm

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US labor market shows signs of improvement, boosting dollar

The dollar was boosted against most major peers after data showed an improving US labor market. The closely watched nonfarm payrolls report came in much better than expected last month, showing 236,000 jobs were added to the economy from January. This was more than the expected 160,000 rise. Meanwhile, January’s figures were revised down by 38,000, now at 119,000 from 157,000. The...

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March 8, 2013 @ 2:09 pm

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Dollar tumbles versus yen after US nonfarm payrolls data

USDJPY fell after the US nonfarm payrolls data, falling as low as 91.86 after the data from 92.23 before the data. The euro traded as high as $1.3658 after the data, up 0.5 percent on the day. That compared with $1.3636 before the release of the data. The United States economy created 157,000 in January, which was close to expectations but the dollar was mainly sold off due to the 0.1...

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February 1, 2013 @ 3:08 pm

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US jobless claims are up but layoffs fall

The US Labor Department reported on Thursday that more American people applied for unemployment benefits in the week of January 26. Initial jobless claims rose by 38,000 to a total of 368,000, more than the consensus of a 20,000 increase to 350,000. Markets were disappointed and dollar fell slightly after the data but losses were limited since the overshoot was not as much and the level is...

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January 31, 2013 @ 3:02 pm

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