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      US: NFP fell to 157K in January

      The Labour Department has informed that the US economy has created 157K jobs during January, below expectations at 160K and previous print at 196K (revised).
      The US jobless rate rose to 7.9% in the same period, up from 7.8%.

      The Average Hourly Earnings rose 0.2% MoM, vs. +0.3% previous.

      The Average Weekly Hours fell to 34.4

      US Average Hourly Earnings (MoM) decreases to 0.2% in Jan and (YoY): 2.1%

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      Forex: GBP/USD bounces following slightly soft NFP & Unemployment figures

      GBP/USD has seen an initial bounce following generally in line NFP figures this afternoon, alongside higher US Unemployment figures.
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