Dollar stays weak and suffers some additional selling after slightly worse than expected employment data.
ADP report showed 177k growth in private non-farm jobs, below expectation of 180k. Prior month’s figure, though, was revised up from178k to 189k.
Initial jobless claims rose 3k to 231k in the week ended June 30, higher than expectation of 221k. The four week-moving average of initial claims rose 2.25k to 224.5k. Continuing claims rose 32k to 1.74m in the week ended June 23.
