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The dollar was up against the yen, with USD/JPY up 0.95% at 114.68, and up against the Swiss franc, with USD/CHF up 0.49% at 0.9647.
ADP reported that non-farm private employment rose by 230,000 last month, beating expectations for an increase of 220,000.
EUR/USD was down 0.53% at 1.2476. The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.10% at 1.1399, AUD/USD down 1.75% at 0.8583 and NZD/USD down 1.05% at 0.7730.
April 20106 US ADP employment report Highlights: Prior 200.1k. Revised to 194k Small bus 93k vs 86k prior Med bus 39k vs 52k prior Large bus 24k vs 39k prior Service providing jobs 166k vs 191k prior Goods producing […]
EUR/USD after Draghi The day after an ECB event is important. It gives traders an important clue about how strong any moves were and whether sentiment remains strong enough to keep those moves intact. Traders […]
Technical Analysis of GBPUSD The pair has fell to strong support area near a cluster of support defined by the 100 bar MA on the 4-hour chart, the 200 hour MA and the 100 hour […]
