ADP report on change in US employment in January was released at 1:15 pm GMT. Data was expected to show an increase of 49k jobs following a 123k million decrease in December. However, the report showed an increase of 174 k jobs, much better than markets expected. Today’s report is a hint ahead of the NFP report which will be released on Friday at 1:30 pm GMT.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.20 level. Source: xStation5
BREAKING: EURUSD ticks higher after weaker US ISM report 🔎
BREAKING: EURUSD muted after strong PMI manufacturing data from the US 📌
BREAKING: Pound ticks slightly up after in-line PMI data 📌 🇬🇧
BREAKING: Eurozone final manufacturing PMI slightly lower than expected 📌