The European Common Currency 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 5 pips or 0.05% right after the release. The Euro continued trading at the 1.1165 level against the Greenback.
Automatic Data Processing, Inc. released the US ADP Non-Farm Employment Change data, which came out better-than-expected of 202K compared with the forecast of 160K.
The Vice President and Co-Head of the ADP Research Institute Ahu Yildirmaz commented: "As 2019 came to a close, we saw expanded payrolls in December. The service providers posted the largest gain since April, driven mainly by professional and business services. Job creation was strong across companies of all sizes, led predominantly by midsized companies."
| Date | 31.07.19 | 05.09.19 | 30.10.19 | 04.12.19 | 08.01.20 |
|---|---|---|---|---|---|
| Actual | 156K | 195K | 125K | 67K | 202K |
| Forecast | 150K | 148K | 125K | 137K | 160K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68649 | 0.68635 | -0.02% |
| EUR/USD | 1.11166 | 1.11134 | -0.03% |
| NZD/USD | 0.66402 | 0.66397 | -0.01% |
| USD/JPY | 108.724 | 108.774 | 0.05% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 63.2% | 36.8% |
| EUR/USD | 31.4% | 68.6% |
| NZD/USD | 25.1% | 74.9% |
| USD/JPY | 46.4% | 53.6% |
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