US Non Farm Payrolls (Feb) -92K vs. Exp. 59K (Prev. 126K, Rev. From 130K, Low. 10K, High. 125K); Two-month net revisions: -69K (prev. -17K); Dec. was revised down by 65k, Jan. revised down by 4k.

The US Non-Farm Payrolls report for February posted a significant miss at -92K compared to expectations of +59K, indicating a weakening labor market and suggesting potential headwinds for future economic growth.

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US Non Farm Payrolls (Feb) -92K vs. Exp. 59K (Prev. 126K, Rev. From 130K, Low. 10K, High. 125K); Two-month net revisions: -69K (prev. -17K); Dec. was revised down by 65k, Jan. revised down by 4k.

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Context

The downward revisions for previous months, particularly a loss of 65K jobs in December, reinforce concerns about the sustainability of recent labor gains and may lead to a reassessment of Federal Reserve policy direction and interest rate expectations. This disappointment could weigh on the USD as markets absorb the implications for growth and inflation dynamics.

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