- US ADP Employment Change Actual 233k (Forecast 110.5k, Previous 143k, Revised 159K)
ADP's October employment report indicated robust job growth despite hurricane recovery, with services adding 211,000 jobs more than doubling the prior month's 101,000 while goods-producing sectors added 22,000, down from 42,000 previously.
The dollar strengthened after data suggested that yesterday's ‘dovish’ reaction to the JOLTS report was premature and that the private sector continues to add more jobs to the US economy.
U.S. dollar sell-off ๐จ USDIDX slumps nearly 1%
Hawkish Fed Comeback? ๐ฆ Inflation and Politics Could Keep U.S. Rates Frozen For Longer ๐
๐จEURUSD surges to 4.5 year high ๐US CB index much weaker than expected
Strong US macro data ๐ฝUS100 climbs to 26,000 pts