No surprises from the ADP NFP. The US gained 182K private jobs. The downside is the downwards revision for September: a gain of 190K jobs instead of 200K originally reported. However, this was not totally unexpected given the official NFP for September. The USD is stronger after the publication with EUR/USD sliding towards the lows. GBP/USD slips under 1.54 and NZD/USD is challenging support at 0.6615. More: EUR/USD – 1.08 key for parity, AUD/USD divergence trade The jobs report from Automated Data Processing (ADP) was expected to show a gain of 180K private sector jobs in October. The publication serves as an indicator towards Friday’s official Non Farm Payrolls report from the BLS. Towards the event, EUR/USD traded around 1.0935, GBP/USD at 1.5410, USD/JPY at 121.20, USD/cAD around 1.3065, AUD/USD at 0.7187 and NZD/USD around 0.6632. So far this week, US data disappointed. The ISM manufacturing PMI was OK in the headline but showed a loss of jobs. Also factory orders were poor. We later have the ISM Non-Manufacturing PMI, another hint for the NFP, and perhaps a more important one. In addition, Janet Yellen will testify in Washington. More: EUR/USD depressed – All eyes on Yellen Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD – 1.08 key for parity, AUD/USD divergence trade; Tip TV 7 years No surprises from the ADP NFP. The US gained 182K private jobs. The downside is the downwards revision for September: a gain of 190K jobs instead of 200K originally reported. However, this was not totally unexpected given the official NFP for September. The USD is stronger after the publication with EUR/USD sliding towards the lows. GBP/USD slips under 1.54 and NZD/USD is challenging support at 0.6615. More: EUR/USD - 1.08 key for parity, AUD/USD divergence trade The jobs report from Automated Data Processing (ADP) was expected to show a gain of 180K private sector jobs in October. The publication serves… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
