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EUR/USD regains downside traction near 1.1750. US Nonfarm Payrolls surprised to the upside in March. The US unemployment rate eased to 6.0% last month. The single currency trades on the defensive and motivates EUR/USD to shed some ground and revisit the mid-1.1700s on Good Friday. EUR/USD fails to re-test 1.1800 EUR/USD so far reverses two
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Wes Levitt, head of strategy at Theta Labs. At Theta Labs, Wes works on corporate strategy, marketing and
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March 2021 non-farm payrolls highlights Prior was 379K Unemployment rate 6.0% vs 6.0% expected Prior unemployment rate 6.2% Participation rate 61.5% vs 61.5% expected (was 62.8% pre-pandemic) Prior participation rate 61.4% Underemployment rate 10.7% vs 11.1% prior Average hourly earnings -0.1% m/m vs +0.1% expected Average hourly earnings +4.2% y/y vs +4.5% expected Average weekly
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Selloff in Yen and Swiss Franc remain a main theme in the markets in Asia today, while Euro is also weak. Dollar is staying firm but it’s struggling to extend gain against commodity currencies and Sterling for now. Indeed, Aussie and Loonie are now trying to reverse some of this week’s losses against the greenback.
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