Nonfarm Payrolls in US increased by 273K in February. 10-year US Treasury bond yield plummets to all-time lows below 0.7%. Wall Street’s main indexes open more than 3% lower. The USD/JPY pair failed to shake off the bearish pressure even after the Nonfarm Payrolls data from the US came in much better than expected. As of writing, the pair was down 1% on the day at 105.10. No market reaction to impressive NFP data The data published by the US Bureau of Labor Statistics on Friday revealed that NFP rose 273K in February to beat the market expectation of 175K by a wide margin. Moreover, January’s reading got revised up to 273K from 225K and the Unemployment Rate ticked down to 3.5%. Nevertheless, with the relentless fall of the US Treasury bond yields continuing, the greenback struggled to find demand despite the upbeat data. At the moment, the 10-year US T-bond yield is down at fresh record lows below 0.7%, erasing nearly 25% on a daily basis and the US Dollar Index is down 0.8% at 95.80. Reflecting the ongoing flight-to-safety, Wall Street’s main indexes started the day deep in the negative territory with the Dow Jones Industrial Average and the S&P 500 both losing 3% in the early trade. Technical levels to watch for 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 NFP: Impressive data not to calm markets – RBC Economics FX Street 3 years Nonfarm Payrolls in US increased by 273K in February. 10-year US Treasury bond yield plummets to all-time lows below 0.7%. Wall Street's main indexes open more than 3% lower. The USD/JPY pair failed to shake off the bearish pressure even after the Nonfarm Payrolls data from the US came in much better than expected. As of writing, the pair was down 1% on the day at 105.10. No market reaction to impressive NFP data The data published by the US Bureau of Labor Statistics on Friday revealed that NFP rose 273K in February to beat the market expectation of 175K by… 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.