USD Index (DXY) Marginally Lifted by Upbeat ADP Employment Change

From investingcube.com

The USD Index (DXY) was able to get some uplift from today’s private-sector jobs numbers in the US. According to data released by the Automatic Data Processing (ADP) Research Institute on Wednesday, the US ADP Employment Change came in at 742K, which was better than last month’s upward revision of 565K. Despite being lower than the expected figure of 872K, the improvement over last month’s figures strengthened the US Dollar, allowing the DXY to add a marginal 0.04% to its value. ADP’s Chief Economist Nela Richardson said that the report, which was the highest that private-sector employment has grown in 8 ... (full story)