US Average Hourly Earnings (YoY) falls to 2% in November from 2.2% in October

Dec 6, 2013

USD/JPY jumps on better than expected NFPs

Having steadily climbed from its overnight low at 101.63, following comments by the GPIF Chairman which lead to Yen weakening, USD/JPY has soared, posting a high at 102.77 in the initial reaction to today’s improving US Employment data.

US: Nonfarm payrolls up 169K in November

US NFP grew by 203K in November, following the October 204K increase revised down to 200K, according to data released today by the US Department of Labor. This result is above market consensus of 180K.