HomeLive CommentsADP employment grew 241k, USD lifted slightly

ADP employment grew 241k, USD lifted slightly

USD is lifted by better than expected job data in early US session. ADP report showed 241k growth in private sector jobs in March, well above expectation of 205k. Prior month’s figure was also revised up from 235k to 246k.

Meanwhile, GBP is suffering some steeping selling after today’s much weaker than expected construction PMI, which dived into contractionary region at 47 in March. While EUR was supported by CPI and employment data, it only performs better than GBP in the current 4-hour bar.

For the day, with US-China trade war as the main theme, NZD and JPY are trading as the strongest one. GBP is the weakest one, followed by CAD.

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