Data issued by the Labor Agency reported that there had been a rise into 292 k in December which go beyond ekpektasi economists previously predicted would declineinto a 203 k of data november 211 k (revised up to 255 k).
The rising of the NFP data closes the year 2015 as the second best about the growth of the labor force after 1999. It is also one of the indicators that show that the company is pretty optimistic against the pace of the us economy after struggling to get out of the impact of the global economic crisis since 2008.
There Is No Special Movement Of The Greenback, Though NFP Soar
Shortly after the report of the NFP, dollar index directly berfluktuatif stable but returned moments later. This can be caused by market participants digest theadditions to the workforce numbers against the odds of elevated levels of inflation arestill far from expectations. Appeared also a speculation that the Federal Reserve will again raise interest rates in March of the next reference.
In addition factors rise the currency the u.s. dollar in the last few days against major currency is also judged to be the cause of why the greenback is not too wild NFP datapost. If seen as a whole index u.s. dollar is still in the high position that reflects thatthe greenback was still on track.
Meanwhile, the unemployment rate remains at the level of 5 percent, according to theekpektasi and stable over the last 3 months. The unemployment rate that today's release also showed a sharp decline has occurred during the last one year which in January 2015 earlier, unemployment rate still at kisaraan 5.6 percent.
When this news was written the greenback moves slowly and tend to be mixedagainst the major currencies as in the pair EUR/USD rises away from the lowest dailylevel 1.0801 and currently residing in level 1.0894. Meanwhile for the pair GBP/USDinstead weakened and currently resides near lowest level yesterday or rather traded at a price of 1.4559.
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