The Non Farm Payrolls came in slightly higher than expected; 175,000 new jobs were created in May. But, as more people joined the labour market, the unemployment rate rose from 7.5 to 7.6%.
Mads Koefoed, Saxo Bank's Head of Macro Strategy, doesn't think it's a good enough report for the FED to start tapering off its QE programme.
So what does that mean for equities and the dollar? Owen Thomas finds out.