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The European Single Currency appreciated against the US Dollar, following the ADP Non-Farm Employment Change release on Thursday at 12:15 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% during a minute, right after the release. The European Single Currency kept going upwards after the data release to continue trading at the 1.1648 area.
The Automatic Data Processing, Inc. released US ADP Non-Farm Employment Change data lower-than-expected of 163k compared with forecasted 195K.
The Dukascopy analysts noticed that the ADP Non-Farm Employment Change has been losing its impact on the market due to a small pip range during previous data releases.
| Historical Data Table: ADP Non-Farm Employment Change | Economic Calendar for 10.09.2018 | ||||||||
| Date | 02.02.2018 | 09.03.2018 | 06.04.2018 | 04.05.2018 | 06.09.2018 | 8:30 AM | UK GDP m/m | ||
| Actual | 239K | 326K | 103K | 164K | 163K | 8:30 AM | Uk Manufacturing Production m/m | ||
| Forecast | 181K | 205K | 188K | 190K | 195K | 8:30 AM | UK Goods Trade Balance | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.71968 | 0.72016 | 0.07% | AUD/USD | 61.07% | 38.93% | |||
| EUR/USD | 1.16337 | 1.16409 | 0.06% | EUR/USD | 60.90% | 39.10% | |||
| USD/JPY | 111.332 | 111.28 | -0.05% | USD/JPY | 45.41% | 54.59% | |||
| NZD/USD | 0.65955 | 0.66005 | 0.08% | NZD/USD | 59.16% | 40.84% | |||