USD Overview (07 March 2022)

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Yesterday, USD strengthened against most major currencies except AUD, NZD and JPY.

The U.S. jobs report released last week indicated that many more jobs than expected were added into the U.S. economy in February and that unemployment rate declined lower while no change were made to average hourly earnings.
- Average Hourly Earnings m/m (Actual: 0.0%, Forecast: 0.5%, Previous: 0.6% revised from 0.7%)
- Non-Farm Employment Change (Actual: 678K, Forecast: 407K, Previous: 481K revised from 467K)
- Unemployment Rate (Actual: 3.8%, Forecast: 3.9%, Previous: 4.0%)

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