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NFP: USD finds modest support as jobs, wages grew more than expected

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    This month’s jobs report was always going to be a tough one to predict – are they ever easy? But on this occasion it was extremely difficult because the nonfarm payrolls data was released before two of the most reliable leading indicators, the ISM Services and Manufacturing PMIs. Consequently, there was even more uncertainty than usual. That being said, the leading indicators that we did have in hand had still pointed to another decent report: initial unemployment claims were essentially

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