July's nonfarm payroll figures were only 73,000, significantly below expectations. Data for May and June were also significantly revised downward, with June's employment figure revised from 147,000 to just 14,000, dampening market confidence. "The data showed a significant slowdown in the labor market, and coupled with Trump's dismissal of a senior Census Bureau official, the dollar's safe-haven status and the data's credibility were both undermined."#SharingTradingMistakesAndGrowth#BrokerEvaluation
July's nonfarm payroll figures were only 73,000, significantly below expectations. Data for May and June were also significantly revised downward, with June's employment figure revised from 147,000 to just 14,000, dampening market confidence. "The data showed a significant slowdown in the labor market, and coupled with Trump's dismissal of a senior Census Bureau official, the dollar's safe-haven status and the data's credibility were both undermined."#SharingTradingMistakesAndGrowth#BrokerEvaluation