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BREAKING: EURUSD ticks higher after miss in ADP data

2:15 PM 5 March 2025

United States - Employment Data for February:

  • ADP Nonfarm Employment Change: Actual: 77K; Forecast 141K; Previous 183K;

Policy uncertainty, slowdown in consumer spending might have led to layoffs or slowdown in hiring in February - ADP data shows. Our data, other recent indicators, suggest hiring hesitancy among employers as they assess economic climate ahead. Rather poor data from US put pressure on USD. 

U.S.-German 10-Year Bond Yield Spreads Narrows to Lowest Level Since Mid-Sept.

 

Source: xStation 

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