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Fundamental Analysis Posted 10 hours ago

US nonfarm payrolls revised down 79,000 for March 2026

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The BLS cut total nonfarm payrolls by 79,000 for the 12 months ending March 31, 2026, marking the fourth consecutive annual downward revision and seventh in eight years, with cumulative cuts of 2.5 million jobs. This weakness in labor-market data pressures growth expectations and complicates Fed rate-path assumptions currently repriced for September hawkishness, affecting USD direction against growth-sensitive pairs.
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