Private sector employment in the US rose 89,000 in September, the data published by Automatic Data Processing (ADP) showed on Wednesday. Developing st
Private sector employment in the US rose 89,000 in September, the data published by Automatic Data Processing showed on Wednesday.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD gained traction and rose above 1.0500 following a quiet Asian session on Wednesday. Ahead of the ADP private sector employment and the ISM Services PMI data from the US, the US Dollar stays on the back foot and helps the pair stay in positive territory.GBP/USD reversed its direction and stabilized in positive territory above 1.2100 after falling below 1.
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