ADP Employment Change causes USD jump

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Automatic Data Processing Non-Farm Employment Change number is seen as a precursor to official US employment data. It was forecast that the US would have created 226,000 jobs in June. Instead the ADP data shows 497,000 new jobs created. Due to the news the US Dollar index surged by 0.31% in less than five minutes after the release.
Back to articles

Actual Topics

Fri, 07 Jul 2023 13:20:14 GMT

United States publishes employment data

The United States Bureau of Labor Statistics published the US monthly employment data sets at 12:30 GMT. The released data caused an immediate drop of the US Dollar, as these official data sets indicate that the US labor market is doing worse than previously assumed.

Wed, 19 Jul 2023 10:30:07 GMT

BRICS does not plan own currency

The Chief Financial Officer of the New Development Bank of the BRICS countries has commented that the country economic association does not intend to create its own currency.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.