EUR/USD Moves Lower On Better Than Expected ADP Data
13:15 PM BST, United States – Employment Data for March:
- ADP Nonfarm Employment Change: actual 155K vs forecast 118K; previous 77K;
Treasury prices held gains after ADP reported March private-sector employment rose 155,000, above the expected 120,000, rebounding from February’s weather-affected slump. “The March topline number was a good one for the economy,” noted ADP’s chief economist, despite ongoing policy uncertainty.
EURUSD drops after better than expected employment data.
The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.
