NFP Came in At 224.000 Beating Forecasts

[vc_row][vc_column][vc_column_text]NFP Came in At 224.000 Beating Forecasts. Analysts’ consensus was for 140,000 jobs in June, having added 75,000 jobs in May.

The unemployment rate came in at 3.7% vs 3.6 percent  expected

Average hourly earnings Month over Month came in at  0.2 percent  vs 0.3 percent expected. The previous month was 0.3% vs 0.2%

Average hourly earnings Year on Year came in at 3.1% versus 3.2% expected.

EURUSD reacted with a sharp drop to 1.1243, USDJPY hitting thew daily high at 108.45, while the Pound gives up 0.45 percent approaching the June low at 1.2507

Gold breaks below 1,400.[/vc_column_text][vc_column_text]Don’t miss a beat! Follow us on Twitter.[/vc_column_text][vc_single_image image=”8266″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”link_image” title=”EURUSD After NFP Data”][/vc_column][/vc_row]