A cooling in jobs in the US private sector according to ADP: a gain of only 208K jobs, worse than 223K expected. This is somewhat countered with an upwards revision of October’s number from 230K to 233K. While this is a disappointment, it doesn’t materially change the picture for the NFP. The US dollar is marginally lower after the publication with a slide of 1015 pips across the board. The Employment Change report by Automated Data Processing (ADP) for the private sector was expected to show a gain of 223K jobs in November, after 230K in October before revisions. This is another hint towards the BLS Non-Farm Payrolls report on Friday. The US dollar was looking good towards the publication, with EUR/USD trading at new 2 year lows of 1.2328, GBP/USD traded around 1.5670, USD/JPY at 119.40, AUD/USD around 0.8425 and USD/CAD around 1.1384. Recent signs from the US economy have been mixed. For example, GDP growth for Q3 was revised to the upside but a gain in inventories means that Q4 will likely see lower growth. We later have the ISM Non-Manufacturing PMI (services sector). See how to trade the figure with USD/JPY. 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, GBP/USD, USD/JPY Pivot Points, TA Dec. 3 2014 John Benjamin 7 years A cooling in jobs in the US private sector according to ADP: a gain of only 208K jobs, worse than 223K expected. This is somewhat countered with an upwards revision of October's number from 230K to 233K. While this is a disappointment, it doesn't materially change the picture for the NFP. The US dollar is marginally lower after the publication with a slide of 1015 pips across the board. The Employment Change report by Automated Data Processing (ADP) for the private sector was expected to show a gain of 223K jobs in November, after 230K in October before revisions. This… 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.
