Friday, 5 May 2023

April Jobs Report: NFP Rises by 253k as Unemployment Falls and Average Hourly Earnings Rise

US Jobs numbers surge higher as average hourly earnings adds to inflationary concerns. Unemployment matches January print, a 50-year low.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...