The USD ADP employment numbers diappoint

Posted Wednesday, May 4, 2016 by
Skerdian Meta • 1 min read

The US ADP employment numbers were just released and they missed. They were expected at 196K but the real numbers were 156K. The previous numbers were revised 7K down as well, from 201K to 194K. While that´s not a huge miss it will have an impact on tomorrow´s unemployment claims which are expected at 261K. The US employment sector is pretty strong though, but the US Dollar has taken a hit. 

USD/JPY has declined to 106.20s from 106.80s after the miss in the employment numbers

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