The European Common Currency traded sideways against the US Dollar, following the US ADP Non-Farm Employment Change data release on Thursday at 12:15 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% right after the release. The Euro continued trading at the 1.1060 level against the Greenback.
Automatic Data Processing, Inc. released the US ADP Non-Farm Employment Change data, which came out better-than-expected of 195K compared with the forecast of 148K.
Ahu Yildirmaz, Vice President and Co-Head of the ADP Research Institute: "In August we saw a rebound in private-sector employment. This is the first time in the last 12 months that we have seen balanced job growth across small, medium and large-sized companies."
| Date | 01.05.19 | 05.06.19 | 03.07.19 | 31.07.19 | 05.09.19 |
|---|---|---|---|---|---|
| Actual | 275K | 27K | 102K | 156K | 195K |
| Forecast | 181K | 185K | 140K | 150K | 148K |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68227 | 0.68205 | -0.03% |
| EUR/USD | 1.10585 | 1.1057 | -0.01% |
| NZD/USD | 0.63912 | 0.63892 | -0.03% |
| USD/JPY | 106.668 | 106.755 | 0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 72.7% | 27.3% |
| EUR/USD | 41.7% | 58.4% |
| NZD/USD | 69.3% | 30.7% |
| USD/JPY | 62.9% | 37.1% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 8:30 | GBP | GDP m/m | - | 0.0% |
| 8:30 | GBP | Manufacturing Production m/m | - | -0.2% |
| All day | CNY | New Loans | - | 1060B |