The Euro traded sideways against the US Dollar, following the US ADP Non-Farm Employment Change data release on Wednesday at 13:15 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.04% after the release. The Euro continued trading at the 1.1130 level against the Greenback after the release.
Automatic Data Processing, Inc. released the US ADP Non-Farm Employment Change data, which came out better-than-expected of 183K compared with the forecast of 170K.
Ahu Yildirmaz, the Vice President and Co-Head of the ADP Research Institute commented on data: "The labor market remains firm, as private-sector payrolls continued to expand in February. Job creation remained heavily concentrated in large companies, which continue to be the strongest performer."
| Date | 30.10.19 | 04.12.19 | 08.01.20 | 05.02.20 | 04.03.20 |
|---|---|---|---|---|---|
| Actual | 125K | 67K | 202K | 291K | 183K |
| Forecast | 125K | 137K | 160K | 157K | 170K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.66255 | 0.6624 | -0.02% |
| EUR/USD | 1.11255 | 1.11241 | -0.01% |
| NZD/USD | 0.62972 | 0.62962 | -0.02% |
| USD/JPY | 107.497 | 107.518 | 0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 71.7% | 28.4% |
| EUR/USD | 27.7% | 72.3% |
| NZD/USD | 70.4% | 29.6% |
| USD/JPY | 62.4% | 37.6% |
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