— more to come Follow all the Non-Farm Payrolls updates live The US Bureau of Labor Statistics (BLS) was expected to report an increase of 164,000 jobs in July, down from 224,000 in the initial report for June. Average Hourly Earnings were projected to rise by 0.2% on a monthly basis and 3.2% year on year. The Federal Reserve has cut interest rates earlier this week but signaled that further immediate stimulus is unnecessary. Nevertheless, the Fed is data-dependent and is watching the data closely for the next moves. The bank is also influenced by trade. President Donald Trump’s announcement of new tariffs on China has drawn attention and raised expectations for the central bank to reduce rates as early as September. The US dollar has been stable ahead of the release after losing some ground alongside falling bond-yields after Trump’s surprise move. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Nonfarm payrolls increased 164K in July as expected FX Street 4 years -- more to come Follow all the Non-Farm Payrolls updates live The US Bureau of Labor Statistics (BLS) was expected to report an increase of 164,000 jobs in July, down from 224,000 in the initial report for June. Average Hourly Earnings were projected to rise by 0.2% on a monthly basis and 3.2% year on year. The Federal Reserve has cut interest rates earlier this week but signaled that further immediate stimulus is unnecessary. Nevertheless, the Fed is data-dependent and is watching the data closely for the next moves. The bank is also influenced by trade. President Donald Trump's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
