The USD ADP employment numbers diappoint - Forex News by FX Leaders

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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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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