Modest downward revisions to July and June data of about 20,000 each month.
The dollar is weakening across the board, especially in USD/JPY which briefly dipped to 92.25/30 before recovering to 92.50.
We don’t know much more after this data than we did before. The pace of layoffs is slowing but the unemployment rate continues to rise. Pretty much as most expected.
EUR/USD has ticked up to the 1.4270s; reports of Chinese selling in the low 1.4290s were heard earlier in the day.
