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US ADP payrolls beat forecasts- USD/JPY tries to push back above 153
The January US ADP payroll report has now been released. As mentioned earlier, the markets were expecting a rise to around 150k, up from the 122k rise recorded in December. The actual number is 183k . Ahead of this the dollar was still very much on the back foot today versus all its major counterparts. The Yen and the Pound had been the best performers, followed by the Euro and the CAD. This news has helped to lift the dollar slightly, but not by any major degree so far. The USD/JPY is just now trying to push back above the 153 handle from a low earlier at 152.55
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EUR/USD takes out 1.0800 again
The push above 150 in the USD/JPY this afternoon has now extended and that has seen the dollar rise to around 150.25. At the same time this has added... -
S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
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USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
