U.S. ADP nonfram employment change
- ADP nonfram employment change (Jan), fact 213K, forecast 180K.
According to ADP, employment in the United States unexpectedly increased in January, coming close to the highest increase in employment in the past five years, which is certainly positive news for the Friday employment report in the United States, expectations for which remain very negative.
Fig. 1. U.S. ADP nonfram employment change chart
The US dollar index, despite the positive statistics, remains very restrained before the Fed meeting. The American dollar continues to trade in a flat near the opening of the day against the basket of competitors. Positive data for the US can provide restrained support to the dollar, but it will be limited to the resistance of 95.90-96.00.
Fig. 2. The US dollar index chart. The current price is 95.80 (10-year government bonds yield is the blue line)
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Hanzenko Anton
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