BREAKING: USD gains after better-than-expected ADP data

2:16 PM 4 January 2024

ADP employment report for December was released at 1:15 pm GMT today. The report is a final piece of key US labour data ahead of tomorrow's release of NFP report for December (Friday, 1:30 pm GMT). ADP data was expected to show a 115k increase in US employment in the final month of 2023, following a mere 103k increase in November.

Actual data turned out to be a positive surprise, with ADP report showing a 164k increase in US employment. An increase was almost entirely driven by services-providing jobs, which increased by 155k. The remaining 9k came from goods-providing jobs. Data for November was revised slightly lower, from 103k to 101k.

Start investing today or test a free demo

Create account Try a demo Download mobile app Download mobile app

USD gained in a knee-jerk move while US index futures ticked lower. Market reaction was rather small, showing that markets are focused on tomorrow's NFP release as ADP and NFP data did not move in tandem recently, and the latter is said to be more precise.

Source: xStation5

Back

Market News

17.09.2025

20:07

Daily Summary – Fed finally cuts rates, but does not guarantee further moves 💲🎙️

The Fed decided today to cut interest rates by 25 basis points to 4.25%, in line with expectations. The decision was made almost unanimously, with...

20:05

⏬US100 down 1% during Fed press conference

Right after the decision, we saw a clear weakening of the dollar in response to the Fed move, which was in line with expectations, but there was uncertainty...

19:33

FED Powell Conference (LIVE)

A conference with Fed Chairman Jerome Powell has just begun. Below are the most important comments made by the banker: I don't feel need to move...

More news

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.

Losses can exceed deposits

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days