The ADP NFP came out at 178K jobs in July, slightly below 185K expected, but nothing too extraordinary. The previous figure was significantly revised to the upside: 191K against 158K originally reported. This revised number is now in line with the NFP. The US dollar is slightly stronger than before the publication, but nothing too great. Automated Data Processing (ADP) was expected to report a gain of 185K private sector jobs in July, up from 158K in June (before revisions). The report serves as a hint for the official NFP report published on Friday. However, the correlation between the figures is not always there. Last month’s NFP showed a gain of 222K in June. The private sector gained 187K jobs. The US dollar remains pressured despite attempts to recover. Earlier this week, the ISM Manufacturing PMI came out at 56.3 points, well within expectations. We still have the ISM Non-Manufacturing PMI published tomorrow. More: EUR/USD – 5 reasons for the rise and the levels above Another big event on the agenda is the Bank of England’s rate decision tomorrow, also dubbed “Super Thursday”, as the Bank also publishes its Quarterly Inflation Report. See: Will the BOE send GBP higher? 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 GBP: Markets To Focus On BoE Vote Count On Thurs; Yohay Elam 6 years The ADP NFP came out at 178K jobs in July, slightly below 185K expected, but nothing too extraordinary. The previous figure was significantly revised to the upside: 191K against 158K originally reported. This revised number is now in line with the NFP. The US dollar is slightly stronger than before the publication, but nothing too great. Automated Data Processing (ADP) was expected to report a gain of 185K private sector jobs in July, up from 158K in June (before revisions). The report serves as a hint for the official NFP report published on Friday. However, the correlation between the figures… 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.
