US Dollar Fell After Mixed Data of NFP Report
Mixed data on employment in the US did not support the dollar. The NFP report showed employment growth in the non-agricultural sector by 148 thousand in December, which is well below expectations of 189 thousand. The unemployment rate remained unchanged at 4.1%. The average hourly wage rose by 0.3% per month.
The Canadian dollar has strengthened. The labor market in Canada grew by 78.6 thousand in December. Unemployment fell to 5.7%. This is also the lowest level for more than four decades.
The consumer price index in the euro area slowed to 1.4% year-on-year in December, according to consensus. But the core consumer price index was unchanged at 0.9% yoy. Retail sales in Germany were high and rose by 2.3% in November.