S2E11: How did the US nonfarm payrolls report impact the FX market?

Published: July 7, 2021, 11 a.m.

We\u2019re going to start this episode by talking about Friday\u2019s nonfarm payrolls report - the impact it had on the market and our general thoughts I guess on the strength of the US labour market.

Most currencies, particularly the major ones, spent much of it within rather narrow ranges amid a lack of significant newsflow. On Friday, however, we did see some volatility following the release of the monthly US nonfarm payrolls report.