Unit Labor Costs in US rose less than expected in Q4. US Dollar Index clings to modest daily gains above 91.10 after the data. Unit Labor Costs in the US’ nonfarm business sector rose by 6% on yearly basis in the fourth quarter, the US Bureau of Labor Statistics reported on Thursday. This reading came in lower than the flash estimate of 6.8% and missed the market expectation of 6.7%. Further details of the publication showed that Nonfarm Productivity in the same period fell by 4.2%, compared to the market expectation of 4.7%. Market reaction This report doesn’t seem to be having a meaningful impact on the USD’s performance against its rivals. As of writing, the US Dollar Index was up 0.25% on the day at 91.17. 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 Saudi Energy Minister: Uncertainty around oil market recovery has not receded FX Street 1 year Unit Labor Costs in US rose less than expected in Q4. US Dollar Index clings to modest daily gains above 91.10 after the data. Unit Labor Costs in the US' nonfarm business sector rose by 6% on yearly basis in the fourth quarter, the US Bureau of Labor Statistics reported on Thursday. This reading came in lower than the flash estimate of 6.8% and missed the market expectation of 6.7%. Further details of the publication showed that Nonfarm Productivity in the same period fell by 4.2%, compared to the market expectation of 4.7%. Market reaction This report doesn't seem to… 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.
