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

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