US employment figures deliver an unparalleled insight into the condition of the world’s largest economy. The report is considered a leading indicator of consumer spending, a principal driver of the economy. Higher-than-expected data typically favours a rally in the US dollar. Weaker-than-expected data tends to weigh, triggering a move lower in the US dollar. The US economy wiped 701k jobs in the month of March, significantly worse than consensus at 100k, depicting the catastrophic impact COVID-19 has inflicted on the economy. The US Bureau of Labour Statistics (BLS) expects to announce an eye-popping 21 million ... (full story)