From Trading Economics: Total nonfarm payroll employment in the United States increased by 151,000 in August of 2016, lower than an upwardly revised 275,000 in July but below market expectations of 180,000. Employment continued to trend up in several service-providing industries while it declined in manufacturing, mining and construction
“The August employment report was not a disaster but it was just weak enough that any chance that Janet Yellen and her band of doves might think about surprising us and raising rates later this month just went out the window,” said Stephen Stanley, chief economist at Amherst Pierpont Securities
Overview of Currencies
USD: The Federal Reserve are most likely to leave their current policy unchanged at their next meeting as inflation data has yet to show the necessary improvement needed to warrant additional hikes.