1) U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that could open the door wider to a Federal Reserve interest rate hike in September.
Nonfarm payrolls increased 215,000 last month, fewer than the 223,000 forecast by economists, but the unemployment rate held at a seven-year low of 5.3 percent. Average hourly earnings also increased last month after stalling in June.
2) U.S. stocks opened lower on Friday after data showed steady job growth in July, increasing the chances Federal Reserve will raise interest rates in September.
3) The dollar moved broadly higher against the other major currencies on Friday, even after data showed that U.S. nonfarm payrolls rose less than expected last month, while average hourly earnings increased in line with projections.
EUR/USD dropped 0.49% to 1.0874.
4) The dollar gained and Wall Street stock futures extended losses as U.S. jobs data came near enough to expectations to bolster bets the Federal Reserve will raise rates for the first time in nearly a decade this year.
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