Wednesday, 2 December 2009
ADP Non-Farm Employment Change:
The ADP Non-Farm Employment Change data was released today. The actual result (-169K) was better than the forecast (-149K). The USD rose against the European currency right after the data was released. EUR/USD pair dropped off with about 20pips within 30-40 minutes after the data was published. Current price of EUR/USD 1.5037 and it looks like the pair is dropping down to about 1.5200-1.5010
Posted by
Dobrin Stoimenov
Labels:
Forex Trading News