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US: Nonfarm payrolls up 162K in July

FXstreet.com (Barcelona) - The US NFP rose by 162K in July, following a 188K increase in June, according to o data released today by the US Department of Labor. This result is market consensus of 184K.

The Unemployment Rate dropped to 7.4% from 7.6%, as expected.

US June Core Personal Consumption Expenditure - Price Index (YoY) stays unchanged at 1.2%; 0.2% (MoM)

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USD/JPY slumps on mixed employment figures

The USD/JPY saw a quick drop just after the US Labor Department announced the US economy added 162,000 jobs in July, missing expectations of 184,000, while revising down the June print to 188K from 195K previously estimated.
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