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Forex blog posts about ADP employment are presented here. You can click the selected excerpt's title to continue reading on 'ADP employment'.

EUR/USD Higher on Eurozone PMI

February 1st, 2012

EUR/USD erased its previous losses today as eurozone manufacturing PMI advanced this month (event A on the chart), suggesting that the situation in Europe isn’t as bad as was thought. US economic data today again was worse than expected, except for the robust growth construction spending.

ADP employment report showed …

EUR/USD at the Lowest Since September 2010

January 5th, 2012

EUR/USD dropped to the low last seen in September 2010 as concerns about the European crisis returned to the Forex market, while the US economy continued to show signs of recovery. Today’s data was good, especially the unexpected advance of employment. That allows traders to believe that nonfarm payrolls will be better than …

EUR/USD Surges on Unexpected Fed Announcement

November 30th, 2011

EUR/USD surged today after the Federal Reserve and five other banks of developed nations announced their agreement to cut interest rates on dollar liquidity swaps. (Event A on the chart.) This measure is viewed by market commentators as a help for European banks to fund its dollar reserves. Before the announcement the currency pair was …

EUR/USD Rallies as FOMC Keeps Rates Record Low

November 2nd, 2011

EUR/USD rallied today even though concerns about the planned referendum in Greece regarding the austerity measures required to get bailout rule the Forex market. The euro reversed its upward movement for a short time, but currently it resumed its rally. The Federal Reserve helped the currency pair buy keeping the interest …

Employment in US Improves, Dollar Feels Better

October 5th, 2011

EUR/USD declined today as the positive ADP employment report made Forex traders hope the non-farm payrolls (released later this week) would be good. The services sector of the United States continued its expansion in September with almost the same pace as in the month before. Federal Reserve Chairman Ben Bernanke testified

EUR/USD Little Changed as Fundamentals Hard to Interpret

August 31st, 2011

EUR/USD traded mostly sideways today. It plunged down recently, but quickly recovers as of present time. The fundamentals in the US are mixed. While employment was even worse than expected by rather pessimistic analysts, Chicago Business Barometer fell less than predicted and factory orders increased above expectations.…

EUR/USD Fluctuates on Mixed Reports

August 3rd, 2011

The euro traded mixed against the US dollar after today’s macroeconomic reports, gaining considerably before the European trading session started. Noteworthy is the fact that the EUR/USD reacted positively to the positive US reports and vice versa for the negative ones today.

ADP employment report showed a seasonally adjusted growth of the payrolls …

EUR/USD Reverses Downtrend as ECB Raises Rates

July 7th, 2011

EUR/USD advanced today as the increase of interest rates by the European Central Bank overshadowed the positive reports about the employment in the US. (Event A on the chart.) The currency pair hasn’t immediately reacted to the news and continued its decline at first, but later surged above the opening rate. The US jobless claims were near the median forecast, …

EUR/USD Profits from Low US Employment & PMI

June 1st, 2011

EUR/USD extended its advance today as the US economy continues to show one bad result after another. The PMI was below even pessimistic forecast, while employment change was terribly low. After such a bad report about employment it’ll be interesting to see what the non-farm payrolls on June …

EUR/USD Retreats After Rally on Interest Rates Expectations

May 4th, 2011

EUR/USD rose today on speculation that the European Central Bank will raise its main interest rate tomorrow, while the Federal Reserve won’t have courage to scrap its stimulating program. The currency pair surged in the first half of the day, but after 14:00 started a steady decline. Currently the euro struggles …

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