U.S. September NFP down to +51K; Unemployment Rate better than expected at 4.6%

September Non-Farm Payrolls (NFP) came out much lower than expected to +51K, while August figures were revised upwards to +188K. This reading, together with the decrease by 4.6% in the Unemployment Rate, has been considered as positive news for the Dollar on the markets, seeing its advance versus the major currencies..Data from the U.S. Department of Labor, show that non-farm payrolls have increased over 51,000 claims in September after a revised growth of 188,000 in August and an increase of 123,000 in July.The September unemployment rate has been the lowest since June, while the labor force participation rate has been unchanged in September.