The Euro traded sideways against the US Dollar, following the US ADP Non-Farm Employment Change data release on Wednesday at 12:15 GMT. The EUR/USD exchange currency rate gained 0 pips or 0.00% after the release. The Euro continued trading at the 1.1195 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 negative 2760K compared with the forecast of negative 9000K.
According to the official release: "The impact of the COVID-19 crisis continues to weigh on businesses of all sizes. While the labor market is still reeling from the effects of the pandemic, job loss likely peaked in April, as many states have begun a phased reopening of businesses."
| Date | 05.02.20 | 04.03.20 | 01.04.20 | 06.05.20 | 03.06.20 |
|---|---|---|---|---|---|
| Actual | 291K | 183K | -27K | -20236K | -2760K |
| Forecast | 157K | 170K | -150K | -20500K | -9000K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68761 | 0.68858 | 0.14% |
| EUR/USD | 1.11943 | 1.11903 | -0.04% |
| NZD/USD | 0.63855 | 0.63926 | 0.11% |
| USD/JPY | 108.573 | 108.634 | 0.06% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 30.1% | 69.9% |
| EUR/USD | 26.7% | 73.3% |
| NZD/USD | 28.9% | 71.1% |
| USD/JPY | 49.0% | 51.0% |
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