US ADP job change: 296k vs 148k forecast and 145k previous.
In the first reaction, the US dollar is gaining and US100 is slightly higher. Big numbers from the ADP. The report shows that employers are hiring aggressively and at the same time are holding wage increases. Tricky for the Fed but numbers also show that the economy is still doing well.
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Create account Try a demo Download mobile app Download mobile appEURUSD is slightly lower after the release. Of course, these numbers should not change a view from the Fed but also it will depend on inflation.
Source: xStation5
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