Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Dollar Sinks on Payrolls


USD slammed on big drop in payrolls, with EUR-USD spiking from near daily lows to new highs over 1.0968 in seconds. If the data causes a correction in recent stock gains, look for extended dollar losses into next week.

U.S nonfarm payrolls dropped 93K in August following a revised 49K decline in July (-44K previously). The consensus was for a 18K increase.

The unemployment rate fell to 6.1% from 6.2%. Economists had excpected an unchanged rate. The workweek were steady at 33.6 hrs. Average hourly earnings were up 0.1% following a 0.3% gain in July.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus