U.S. DOLLAR DROPS on disappointing ADP National Employment Report

<div style="text-align: center;"><span class="ceFlags United_States arial_15"></span> <b><span style="font-size: large;">BEARISH NEWS for U.S. DOLLAR </span></b></div><br /><div style="text-align: center;"><img height="199" src="http://www.finviz.com/fut_chart.ashx?t=DX&cot=098662&p=m5" width="400" /><br /> </div><div style="text-align: left;"><b>Already reports preceding Friday's Non-Farm Payroll Report are coming in with disappointments against the floundering U.S. economy.  This could really rattle the markets... </b></div><br /><a href="http://www.investing.com/economic-calendar/adp-nonfarm-employment-change-1">ADP Nonfarm Employment Change</a><span class="newSiteIconsSprite doubleArrowLink middle"></span> <br /><div class="float_lang_base_1 realData"> <div class="inlineblock arial_16 middle realDataTable"> <div class="actual bold"> <span class="float_lang_base_1">Actual:</span><span class="float_lang_base_2"><span class="dirLtr inlineblock redFont" id="eventInfoActual_34309">175K</span> </span> </div><div class="forecast clear"> <span class="float_lang_base_1">Forecast:</span><span class="float_lang_base_2"><span class="dirLtr inlineblock " id="eventInfoForecast_34309">180K</span> </span> </div><div class="previous clear"> <span class="float_lang_base_1">Previous:</span><span class="float_lang_base_2"><span class="dirLtr inlineblock" id="eventInfoPrevious_34309">227K</span> </span> </div></div></div><br /><div class="eventOverview block" id="eventTabDiv_overview_34309">The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients. The release, two days ahead of government data, is a good predictor of the government's non-farm payroll report. The change in this indicator can be very volatile.<br /><br />A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.</div>

U.S. DOLLAR DROPS on disappointing ADP National Employment Report

BEARISH NEWS for U.S. DOLLAR   Already reports preceding Friday's Non-Farm Payroll Report are coming in with disappointments against th...

Read more »