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Dollar Falls as ADP Report Shows US Job Losses
The dollar index (DXY00) on Tuesday fell to a 1.5-week low and finished down by -0.16%. Signs that the US labor market has weakened are weighing on the dollar after a report Tuesday from ADP showed US ...
ADP estimates that private employers reduced payrolls by an average of 11,250 per week in the past four weeks, ended Oct. 25, ...
The U.S. shed an average of 11,250 private-sector jobs a week in the four weeks ended Oct. 25, ADP said. The payroll processor said the data suggested “the labor market struggled to produce jobs ...
Last week, in a separate data series, ADP estimated that the private sector added 42,000 jobs in October. That figure uses a different methodology intended to replicate the government's monthly jobs ...
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