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EUR/USD reacts to ADP payrolls

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On Wednesday, at 12:15 GMT, the Automatic Data Processing National Employment Report was released. It revealed that instead of expected 640,000 new employed people in the US, there are 374,000.

The EUR/USD surged by 22.4 base points in the aftermath of the announcement, as the US Dollar lost value.
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