Weak NFP growth caused the US dollar to fall Saturday, May 8
In April, the US employment growth rate (NFP) was only 266 thousand units! Meanwhile, the market expected growth of 978 thousand units. March data also had a negative adjustment. In other words, the growth of the NFP in March has changed from 916 thousand units to 770 thousand units. The dollar fell in response to the NFP's disappointing growth. Meanwhile, the US unemployment rate has risen to 6.1 percent. The market forecast for the unemployment rate was 5.8 percent.
