EU buy the dip
Updated
Dollar lower as employment disappoints
Non-farm payrolls for August 2017
Prior was +209K (revised to 189K
Estimates ranged from +139K to +226K
Private payrolls 165K vs +172K expected
Unemployment rate 4.4% vs 4.3% expected
Participation rate vs 62.9% prior
Wages data:
Average hourly earnings +0.1% vs +0.2% m/m expected
Average hourly earnings 2.5% vs +2.6% y/y expected
Average weekly hours 34.4 vs 34.5 expected
Non-farm payrolls for August 2017
Prior was +209K (revised to 189K
Estimates ranged from +139K to +226K
Private payrolls 165K vs +172K expected
Unemployment rate 4.4% vs 4.3% expected
Participation rate vs 62.9% prior
Wages data:
Average hourly earnings +0.1% vs +0.2% m/m expected
Average hourly earnings 2.5% vs +2.6% y/y expected
Average weekly hours 34.4 vs 34.5 expected
Trade closed: stop reached
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