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📊 Today’s Non-Farm Payrolls (NFP) Data – USD
Average Hourly Earnings m/m:
✅ 0.3% (in line with forecast and previous).
→ Wage growth remains stable, no extra inflationary pressure.
Non-Farm Employment Change:
❌ Actual: 22K vs Forecast: 75K vs Previous: 79K
→ A sharp slowdown in job creation, showing clear signs of a cooling US labour market.
Unemployment Rate:
✅ Actual: 4.3% (in line with forecast, slightly higher than 4.2% previous).
→ Labour conditions are tightening, more people struggling to find jobs.
🔎 Market Implications
US Dollar (USD):
Weak NFP data is negative for the dollar.
Rising unemployment adds pressure on the Fed to cut rates sooner.
Gold (XAU/USD):
Bullish impact: A weaker USD supports gold prices.
With job growth slowing and unemployment ticking higher, the Fed may lean more dovish → this boosts safe-haven demand for gold.
Gold could see strong upward momentum if the market prices in earlier rate cuts.
US Stocks:
Despite weak NFP, stable wage inflation eases concerns about sticky inflation.
Equity markets may react positively on expectations of a softer Fed stance.
📌 Quick Takeaway
Weak NFP = Bearish USD.
Gold benefits, with potential upside momentum.
EUR and GBP may gain on USD weakness.
Equities may enjoy short-term support.
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💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
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Real-Time Update + Signals: t.me/+EJlT6QpqU6Q3MGVl
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
💋 3 - 6 OneShotOneKill (Daily Trading Signals) Daily
💋 Real - Time Plan Update
💋10 - 15 Scalping Signals Daily
💋 Proceed Position and Plan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.