WS #11250
US added only 57,000 jobs in June vs 113,000 expected, with downward revisions to prior months, signaling labor market weakness and supporting Fed rate cut expectations. Yen jumps into 160 range for first time in 2 weeks on intervention fears, with South Korean official comments adding to speculation of coordinated action.
US June Jobs Miss
US added only 57,000 jobs in June vs 113,000 expected, with downward revisions to prior months, signaling labor market weakness and supporting Fed rate cut expectations.
Yen jumps into 160 range for first time in 2 weeks on intervention fears, with South Korean official comments adding to speculation of coordinated action.