A much better than expected jobs report from ADP: no less than 237K jobs were gained in August, up from an upwards-revised 201K. All in all, this can be seen as a beat worth 54K for August and +23K for July = 77K. America is hiring. It’s all good and the US dollar reacts positively across the board: EUR/USD extends its drop after the big U-turn and trades at 1.1918. USD/JPY feels more comfortable above 110 and trades at 110.18. GBP/USD is down to 1.2915, after eyeing the 1.30 level earlier. USD/CAD is around 1.2560. The pair was in deeper levels yesterday. AUD/USD is around 0.7935, failing to rise above 0.80, and not for the first time. Update: US GDP revised up to the magic 3% level – USD looks strong ADP was expected to report a gain of around 183K private sector jobs in August. In July, the payrolls software company reported a rise of 178K jobs. This report serves as a hint towards Friday’s NFP, despite not always providing a direct correlation with the official BLS number. The US dollar continued its path of recovery, especially against the euro that made a total U-turn. This is a busy day for US data: we will soon get the second estimate of GDP, which carries expectations for a rise from 2.6% to 2.7%. The biggest event of the week is the official Non-Farm Payrolls. Preview: 5 reasons why this NFP could be very volatile. 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 US GDP revised up to the magic 3% level – Yohay Elam 4 years A much better than expected jobs report from ADP: no less than 237K jobs were gained in August, up from an upwards-revised 201K. All in all, this can be seen as a beat worth 54K for August and +23K for July = 77K. America is hiring. It's all good and the US dollar reacts positively across the board: EUR/USD extends its drop after the big U-turn and trades at 1.1918. USD/JPY feels more comfortable above 110 and trades at 110.18. GBP/USD is down to 1.2915, after eyeing the 1.30 level earlier. USD/CAD is around 1.2560. The pair was in deeper… Top 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.
