Employment changes data in the US

• Change in the number of employed in the non-farm sector of the United States from ADP, fact 177K, forecast 190K.
• The number of employed in the non-farm sector of the US declined in June, thereby increasing pressure on the US currency. Which remains under pressure on the growth of optimism and the correction of positions on the American dollar waiting for a restrained negative report on employment in the US, which will be released tomorrow. The ADP report, in turn, was restrainedly negative, indicating a slowdown in employment growth.

Fig. 1. Chart of employment in the non-farm sector of the USA

The US dollar index thus accelerated the decline against the basket of major competitors, but is limited to an established downward trend. So, in turn, the further decline of the American dollar is limited to oversold and support levels: 94.20 and 94.00.

Fig. 2. The US dollar index chart. The current price is 94.20 (the yield of 10-year government bonds is a blue line)

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Hanzenko Anton