US Nonfarm payrolls unexpectedly surged by 162,000 in August, well above median forecast for 55,000 increase and against upwardly revised July figure to 21,000 from initially reported -23,000. The same report showed that unemployment was unchanged at 4.1% (also in line with expectations), while average earnings, one of inflation indicators, eased to 3.1% y/y from […]The post US Nonfarm Payrolls Surge in August and Contribute to Fed Rate Hike Expectations appeared first on ActionForex.