Labor market data from the United States for April delivered mixed signals, as non-farm payrolls came in stronger than expected, supporting the U.S. dollar and highlighting ongoing economic resilience.
However, monthly wage growth was weaker than forecasts, limiting further dollar gains and easing some inflation concerns.
Meanwhile, the unemployment rate remained unchanged at 4.3%, signaling continued relative stability in the labor market despite signs of slowing momentum in certain areas.
The data keeps markets on alert, with elevated volatility expected across currencies and risk assets in the coming period.