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Dollar Firms as Labor Market Defies Macro Headwinds

Summary by PU Prime | More Than Trading | PU Prime | More Than Trading
Market Summary Markets traded mixed on Friday as investors digested stronger-than-expected April U.S. jobs data, which offered tentative relief following a week of downbeat economic prints. Nonfarm payrolls rose by 177,000—beating expectations of 130,000—while the unemployment rate held steady at 4.2%. Solid hiring in healthcare and logistics offset a decline in federal jobs, suggesting the labor market remains resilient despite macro headwinds.…
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PU Prime | More Than Trading | PU Prime | More Than Trading broke the news in on Monday, May 5, 2025.
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