14:22 · 4 December 2019

BREAKING: USD sinks after poor employment data

The US dollar is trading lower against most of the G10 currencies after ADP report for November showed a 67k increase in employment. Markets expected an increase of 140k. GBPUSD gains the most and is trading at the highest level since May. The next important piece of data from the US economy - non-manufacturing ISM for November - will be released at 3:00 pm GMT and it is expected to decline to 54.5 pts. 

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