Looking back at a one year history of US labor reports, the dollar, measured in Bloomberg dollar index terms, drops on NFP releases.
The drop tends to go as far as 0.04% 25 minutes into the release. The lower bound, measured as 1 std deviation from the mean, sees the dollar falling by 0.24%.
After the April labor report, the dollar traded softer vs most major currencies. The BBDXY dipped by 0.5% on the session.
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