Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The most recent announced value for Unit Labor Costs was 0.8% against a forecast of 1.9%.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Unit Labor Costs result:
Country: | United States |
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Currency: | USD |
Source: | US Bureau of Labor Statistics |
Category: | Labor Market |
Frequency: | Quarterly |