The U.S. unemployment rate rose to 4.1%, exceeding the forecasted 4.0%, marking its highest level since November 2021. Despite this, the labor market remains strong by historical standards, with non-farm employment increasing by 206,000 jobs, surpassing the expected 190,000. This mixed economic data has influenced financial markets. The U.S. Dollar Index (DXY) fell below 105, signaling a weaker dollar, while the 10-year Treasury yield declined to 4.3%.
Source: Cryptoslate.com
