The
US economy created 160,000 new jobs in April, according to the latest report of
BLS.
These figures did’t meet the expectations for an increase of over 200,000 jobs
outside agriculture. The unemployment rate remains unchanged at 5%.
One of the few good news is that average hourly earnings increased by 0.3% to $25.53,
while on yearly base increased by 2.5%, compared with 2.3% in the previous year.
The release of NFP data dragged the US dollar with 40 pips down and EUR/USD
pair climbed towards 1.1480. Next week will bring quite unsignificant macro data, which will support the
upside movement of the pair.
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