The number of jobs in the US private sector rose by 201K, much better than 140K that was expected and better than last month’s 173K. July’s figure was revised to the upside: 173K instead of 163K. EUR/USD is sliding at the moment, but the bigger event is the press conference by Mario Draghi. The dollar strengthens also against the yen. Follow the live blog of Draghi’s press conference. EUR/USD broke above the triple top on the news that the ECB did not cut the rates. ADP is not always correlated with the private sector part of the Non-Farm Payrolls, but when there is an ongoing trend of rises and fall, there seems to be a nice correlation. This lowers the chances for QE3 and raises the chances of an extension of the guidance – a compromise between doves and hawks. Update: Also the important ISM Non-Manufacturing indicator surprised to the upside, including a jump in the employment component. 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Forex News share Read Next Bond Buying Program vs Growth. Who wins? Matthew Lifson 9 years The number of jobs in the US private sector rose by 201K, much better than 140K that was expected and better than last month's 173K. July's figure was revised to the upside: 173K instead of 163K. EUR/USD is sliding at the moment, but the bigger event is the press conference by Mario Draghi. The dollar strengthens also against the yen. Follow the live blog of Draghi's press conference. EUR/USD broke above the triple top on the news that the ECB did not cut the rates. ADP is not always correlated with the private sector part of the Non-Farm Payrolls, but… 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.
