Monthly Archives: May 2025
Dollar Firms as Labor Market Defies Macro Headwinds
Written on May 6, 2025 at 6:23 am, by
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 theContinue Reading
Dollar Gains Ahead of NFP
Written on May 6, 2025 at 6:21 am, by
Market Summary Markets traded cautiously on Thursday as investors weighed soft U.S. data ahead of Friday’s key nonfarm payrolls report. Jobless claims jumped to 241,000—an eight-month high—while ISM Manufacturing fell to 48.7, signaling deepening industrial weakness. The ADP report further dampened sentiment, showing only 62,000 private jobs added in April, well below expectations. Despite macroContinue Reading
Dollar Gains on Strong U.S. Data; Soft ADP Jobs Hint at Weak NFP
Written on May 6, 2025 at 6:05 am, by
Market Summary Markets remained largely subdued earlier this week as investors awaited key U.S. economic data for fresh direction. On Wednesday, the Personal Consumption Expenditures (PCE) index came in slightly above expectations, while GDP figures also beat market consensus—reinforcing the view that the Federal Reserve is likely to keep interest rates elevated in May. TheContinue Reading
