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Dollar slides after soft jobs report, yen surges

By Karen Brettell and Harry RobertsonThe dollar fell sharply on Thursday after the closely watched June employment report showed U.S. employers added far fewer jobs than expected, while the Japanese yen surged as traders braced for possible intervention by Japanese authorities.Employers added 57,00…

Reuters en
Forex
dow-jones

June Jobs Report Shows 'Hiring Engine is Sputtering' — Market Talk

The June jobs report changes the labor-market story, says Sung Won Sohn, Chief Economist at SS Economics. "The economy is not shedding jobs in a recessionary way, but the hiring engine is sputtering. Payroll growth is slower, revisions are negative, labor-force participation has fallen, leisure and…

Dow Jones Newswires en
Economy

Job growth falls short of expectations in June

U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…

Reuters en
BondsEconomyForexindex
trading-economics

DXY Falls After Jobs Report

The US dollar index declined to 100.8 following a softer-than-anticipated employment report that led investors to scale back expectations for Federal Reserve interest rate increases this year.Nonfarm payrolls expanded by a meager 57K in June, compounded by downward revisions to hiring data from Apr…

Trading Economics en
EconomyForex

Job growth falls short of expectations in June

U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…

Reuters en
BondsEconomyindex
dow-jones

Treasury Yields, Dollar Fall as U.S. Job Creation Slows — Market Talk

Treasury yields and the dollar slide as the U.S. economy creates fewer jobs than expected in June. The BLS reports jobs growth at 57,000, lower than WSJ consensus of 115,000. May's figure is revised down to 129,000 from 172,000, and April's to 148,000 from 179,000. June's unemployment rate ticks lo…

Dow Jones Newswires en
Bonds