Non-farm payrolls came in better than expected on Friday at 225,000, above predictions of 160,000. Despite this, the dollar’s reaction was fairly brief, as average hourly earnings figures read at 0.2%, below the expected 0.3%. Unemployment rate also unexpectedly increased to 3.6%.
It’s a fairly busy week of data for the dollar, with inflation rate figures on Thursday and a series of speeches from Fed officials. Retail sales will finish the week on Friday, and are expected to stay the same at 0.3%.
