Average hourly earnings are a crucial fundamental indicator of US economy’s strength. Monthly changes in average hourly earnings are released in the same government report as the powerful nonfarm payrolls. Nevertheless, traders only rarely pay attention to the earnings numbers. Still, a big surprise increase of the earnings can potentially strengthen the USD, while a surprise decrease in average hourly earnings can potentially weaken the currency. The numbers are released monthly by the US Bureau of Labor Statistics, usually on the first Friday after the month ends. The posts below contain mentions of the prominent changes in earnings released since 2015.
2020
- EUR/USD Declines Despite NFP Miss
- EUR/USD Unable to Hold Ground After US Unemployment Rate Falls More than Expected
- EUR/USD Sinks After US NFP Beat Expectations
- EUR/USD Fails to Rally, Accelerates Decline After NFP
- EUR/USD Reverses Gains, Drops Sharply After Positive Surprise from US NFP
- EUR/USD Retreats After Historically Bad NFP
- EUR/USD Rises Despite Extremely Good US NFP
- EUR/USD Sinks After NFP Exceeds Expectations
- EUR/USD Reverses Losses After NFP Misses Expectations
2019
- EUR/USD Sinks After Nonfarm Payrolls
- EUR/USD Dips After US NFP, Bounces Later
- EUR/USD Swings Back & Forth After US NFP
- EUR/USD Rallies on NFP Miss, Rally Capped by Wage Inflation
- EUR/USD Rallies After NFP Match Expectations
- EUR/USD Falls Sharply After NFP Beats Expectations
- EUR/USD Surges After Nonfarm Payrolls Provide Huge Disappointment
- EUR/USD Volatile After NFP, Decides to Go Higher After All
- EUR/USD Volatile After NFP, Ends Losing Gains
- EUR/USD Rallies After US NFP, Unable to Erase Thursday’s Losses
- EUR/USD Rallies, Keeps Gains After Mixed Nonfarm Payrolls
2018
- EUR/USD Climbs After NFP, Reverses Gains by Session’s Close
- EUR/USD Trades Lower After NFP Surprise Positively
- EUR/USD Heads to Close Higher on Friday After NFP
- EUR/USD Slumps After Nonfarm Payrolls Beat Expectations
- EUR/USD Volatile After NFP, Stabilizes Above Opening Level
- EUR/USD Rallies on Soft NFP
- EUR/USD Rallies as Employment Data Exceeds Expectations
- EUR/USD Fails to Rally on Disappointing Nonfarm Payrolls
- EUR/USD Closes Higher After Disappointing NFP
- EUR/USD Moves Down After NFP Rise Beyond Forecasts
- EUR/USD Fails to Stage Rally on Back of Weak NFP
2017
- EUR/USD Erases Losses After NFP Show Disappointing Wage Growth
- EUR/USD Unable to Rally on Back of Poor US NFP
- EUR/USD Drops After NFP Fall, Rebounds Later
- EUR/USD Quickly Reverses Gains Caused by Poor NFP
- NFP Surprise Positively, EUR/USD Edges Down
- EUR/USD Jumps on NFP, Reverses Gains Immediately
- Nonfarm Payrolls Miss Expectations, Reviving EUR/USD
- EUR/USD Rebounds After Decent Nonfarm Payrolls
- EUR/USD Fails to Keep Gains Despite Sluggish US Employment Growth
- EUR/USD Surges on Talks About Interest Rate Hike from ECB
- EUR/USD Edged Higher After Wage Inflation Misses Expectations
2016
- EUR/USD Jumps Following NFP Release, Retreats Immediately
- EUR/USD Below Opening After NFP
- EUR/USD Rallies on Back of Worse-Than-Expected Nonfarm Payrolls
- EUR/USD Fails to Sustain Rally
- Good Nonfarm Payrolls Push EUR/USD Down
- EUR/USD Stays Not Far from Opening After Nonfarm Payrolls
- EUR/USD Up 1.6% After NFP Shock Market
- EUR/USD Ends Trading Flat After Surge on NFP
- EUR/USD Sinks After Release of Nonfarm Payrolls
- EUR/USD Dips After NFP But Only for Short While
- Poor NFP Don’t Prevent EUR/USD from Falling
- EUR/USD Ends Friday Lower After NFP
2015
- EUR/USD Flat After Nonfarm Payrolls
- EUR/USD Slumps as NFP Surprises with Stellar Reading
- Abysmal Nonfarm Payrolls Spark Rally of EUR/USD
- Dollar Holds onto Gains as NFP Disappoint
- EUR/USD Bounces After Two-Day Decline
- Euro Tumbles vs. Dollar After Nonfarm Payrolls
- Dollar Receives Hit from Nonfarm Payrolls