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December US payrolls rise by 256,000- GBP/USD slumps towards 1.2200
The US December jobs report has now been released. The markets were expecting non-farm payrolls to rise by around 165k last month. They have actually risen by 256k. The underlying rate of unemployment has fallen to 3.9% Annualised averages were forecast to remain at 4%. They have only risen by 3.9%. The immediate reaction to this data has seen the dollar jump across the board. The USD/JPY has surged to a new 2025 high above 158.75. The GBP/USD has fallen to a new 2025 low around 1.2211.
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Dollar off the boil as US stocks edge back from opening highs-EUR/USD back above 1.1125 (corrected)
The previous update looked at how the Nasdaq 100 was just slightly paring its opening gains and it is the same for the Dow Jones and the S+P 500 too... -
Dollar off the boil as US stocks edge back from opening highs-EUR/USDS back above 1.1125
The previous update looked at how the Nasdaq 100 was just slightly paring its opening gains and it is the same for the Dow Jones and the S+P 500 too... -
US stocks open higher- Nasdaq 100 pares opening gain in very early trading
The US stock markets have just reopened for live trade and of course it has been a much higher opening for all three major indexes this afternoon. The...
