Conflicting and divergent data for the labor market tends towards negativity ❌ For the US dollar: ????????
The unemployment rate rises to 3.6% (negative).
????average wages decline to 4.6%, compared to expectations for a rise to 4.7% (negative)❌
The number of added jobs is 265,000 jobs (neutral), being higher than expected, but lower than the previous reading.
A sharp drop in the odds of raising the interest rate by 50 points, by 41.7%
• In the current March meeting, 25 points, or 58.3%