ADP report for November was a key point in today's economic calendar and was released at 1:15 pm GMT. Report was expected to show a 130k employment gain, following a 113k increase reported by ADP last month. This report was also one of the final US jobs data releases ahead of NFP report for November scheduled for Friday. US weekly jobless claims data as well as Challenger report on planned lay-offs for November are yet to be released tomorrow.
Actual report showed an employment gain of 103k - lower-than-expected by analysts and also below last month's reading. USD moved lower in a knee-jerk move, with EURUSD jumping from around 1.0780 to 1.0790. However, the main currency pair erased those gains later on. US index futures moved higher.
EURUSD jumped back above 1.0780 mark following release of weaker-than-expected ADP jobs report. Source: xStation5
Morning Wrap: What’s next with the Strait of Hormuz, inflation and US interest rates? (15.07.2026)
Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key
Dollar sells-off following first US price drop in six years
Warsh's Address to Congress: Zero Tolerance for Inflation, But No Change in Interest Rates?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
