{"id":433127,"date":"2026-07-03T03:04:04","date_gmt":"2026-07-02T20:04:04","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-us-dollar-slides-as-non-farm-payrolls-miss-433127\/"},"modified":"2026-07-03T03:04:04","modified_gmt":"2026-07-02T20:04:04","slug":"investinglive-americas-market-news-wrap-us-dollar-slides-as-non-farm-payrolls-miss","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-americas-market-news-wrap-us-dollar-slides-as-non-farm-payrolls-miss-433127\/","title":{"rendered":"investingLive Americas market news wrap: US dollar slides as non-farm payrolls miss"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-june-non-farm-payrolls-57k-vs-110k-expected-20260702\/\">US June non-farm payrolls +57K vs +110K expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-initial-jobless-claims-215k-vs-220k-estimate-20260702\/\">US initial jobless claims 215K vs 220K estimate.<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-may-factory-orders-13-vs-18-expected-20260702\/\">US May factory orders -1.3% vs -1.8% expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-officials-believed-israel-might-have-been-plotting-to-assassinate-irans-negotiators-20260702\/\">US officials believed Israel might have been plotting to assassinate Iran&#8217;s negotiators<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/stocks\/zuckerberg-ai-agent-development-over-last-four-months-hasnt-accelerated-as-expected-20260702\/\">Zuckerberg: AI agent development over last four months hasn&#8217;t accelerated as expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/blackstone-said-to-abandon-a-large-data-center-in-virginia-20260702\/\">Blackstone said to abandon a large data center in Virginia<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/boes-mann-in-june-there-were-more-upside-risks-to-inflation-20260702\/\">BOE&#8217;s Mann: In June there were more upside risks to inflation<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/boe-mann-loosening-of-financial-conditions-since-june-will-be-important-for-her-rate-vote-20260702\/\">BOE Mann: Loosening of financial conditions since June will be important for her rate vote<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/feds-daly-in-the-us-theres-exceedingly-strong-investment-growth-20260702\/\">Fed&#8217;s Daly: In the US, there&#8217;s exceedingly strong investment growth<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>JPY leads, USD lags<\/li>\n<li>Gold up $83 to $4113<\/li>\n<li>US 10-year yields up 1 bps to 4.48%<\/li>\n<li>WTI crude oil flat at $68.48<\/li>\n<li>S&amp;P 500 down 0.3%<\/li>\n<\/ul>\n<p>The non-farm payrolls report initially led to selling in the US dollar, a bid in bonds and a rally in stocks. It didn&#8217;t last as the moves were muddled as flows dominated pre-holiday trading. <\/p>\n<p>The picture in the report was surprising as job creation didn&#8217;t match the two-year high in the JOLTS report from earlier this week. Most strangely, there were large job losses in hospitality jobs just ahead of the World Cup. That&#8217;s a tough dynamic to square and perhaps why the moves faded.<\/p>\n<p>In any case, the numbers will diminish pressure on the Fed to shift from a largely neutral stance. The euro initially rose to a session high of 1.1472 but has slowly given back 40 pips.<\/p>\n<p>The US dollar remains the laggard on the day and the yen the winner as Japanese officials shift to stealth intervention. USD\/JPY touched 160.65 after the jobs report but was last at 161.14. Eyes will be on thin holiday markets on Friday as the US celebrates 250 years.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US June non-farm payrolls +57K vs +110K expected US initial jobless claims 215K vs 220K estimate. US May factory orders -1.3% vs -1.8% expected US officials believed Israel might have been plotting&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433127","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433127"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433127\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}