WS #11260
June nonfarm payrolls added only 57,000 jobs vs 115,000 consensus, with downward revisions, reducing Fed rate hike expectations and boosting gold above $4,100 while pressuring the USD.
Weak US Jobs Report Delays Fed Rate Hikes
June nonfarm payrolls added only 57,000 jobs vs 115,000 consensus, with downward revisions, reducing Fed rate hike expectations and boosting gold above $4,100 while pressuring the USD.