EUR/USD: ADP Non-Farm Employment Change

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

The US Dollar strengthened against the Euro in the wake of US data release on Wednesday. The EUR/USD currency pair fell 0.15% or 17 pips to continue the session below the 1.1770 level, additionally confirming the position amid the better-than-expected ISM report and a small reaction on EU and US officials' speeches.  

The US companies slashed hiring to the lowest level in 11 months in September owing to the disruption of business activities caused by Hurricanes Irma and Harvey, according to the ADP Employment report. The private survey showed that the country's businesses added 135K jobs in September, suggesting the most of Hurricane's impact forced small retailers to cut hiring.

Historical Data Table: ADP Non-Farm Employment Change 
           
Date 01.06.2017 06.07.2017 02.08.2017 30.08.2017 02.10.2017
Actual 253K 158K 178K 237K 135K
Forecast 181K 184K 187K 185K 131K
           
Initial Reaction on Main Pairs
           
  Open Price Close Price % Change
AUD/USD 0.78678 0.78555 -0.16%
EUR/USD 1.17875 1.17704 -0.15%
USD/JPY 112.399 112.467 0.06%
NZD/USD 0.71878 0.71784 -0.13%

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