Latest data released by the Federal Employment Agency - 31 January 2018
- Prior -29k; revised to -30k
- Unemployment rate 5.4% vs 5.4% expected
- Prior 5.5%
The 5.4% unemployment rate is the lowest on record, as it beats last month's reading of 5.5%.
Meanwhile, we're seeing EUR/USD surrender earlier gains as the dollar strengthens back across the board a little - but is still the weakest currency on the day - now at 1.2434. EUR/GBP still at 0.87776 and EUR/CHF still at 1.1593. Not much movement in the euro, but the figures are good once again.
Now, about that inflation. Hmm.
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