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The GBP is the strongest and the JPY is the weakest as the NA session begins

As the North American session begins, the GBP is the strongest and the JPY is the weakest. The USD is mostly higher but with modest changes of 0.10% vs the EUR, CHF, CAD, and AUD. The US ADP employment estimates will be released at 8:15 AM ET with the expectations of 195K. Last month the data came in at 324K which was well above the NFP release of 187K. The two are really not in synch. As a result, the reaction will likely be muted. US nonfarm payroll on Friday is expected to rise by 169K, w... Read More

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Posted: Aug 30 2023, 12:08

Author Name: forexlive

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