Soft NFP Dampens US Rate Hike Hopes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Dollar bulls were subdued during trading on Friday following August's soft NFP headline figure of 151k which quelled expectations over the Federal Reserve raising US interest rates this year. Average earnings declined to 0.1% while the unemployment rate rose to 4.9% simply questioning if the US labour force could maintain[​IMG]

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