ADP Employment Change 4-week average increases to 42.25K
- US private employers added an average of 42.25K jobs per week in early May.
- Hiring in the private sector strengthened for the second week in a row.
- ADP Employment Change 4-week average in the previous week printed at 33K.
Private-sector hiring in the United States (US) remains strong, according to the ADP National Employment Report (NER) Pulse. For the four weeks ending May 2, the private sector added an average of 42,250 jobs per week, with hiring strengthening for the second week in a row.
Market reaction
The market did not react to the headline; rather, it maintains focus on the Iran war. The US Dollar (USD) retains its positive momentum across the board, as investors pile up bets on an upcoming Federal Reserve (Fed) interest rate hike.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.30% | 0.15% | 0.16% | 0.08% | 0.68% | 0.45% | 0.38% | |
| EUR | -0.30% | -0.14% | -0.11% | -0.21% | 0.39% | 0.17% | 0.08% | |
| GBP | -0.15% | 0.14% | 0.04% | -0.06% | 0.51% | 0.32% | 0.23% | |
| JPY | -0.16% | 0.11% | -0.04% | -0.09% | 0.50% | 0.29% | 0.20% | |
| CAD | -0.08% | 0.21% | 0.06% | 0.09% | 0.59% | 0.38% | 0.30% | |
| AUD | -0.68% | -0.39% | -0.51% | -0.50% | -0.59% | -0.20% | -0.29% | |
| NZD | -0.45% | -0.17% | -0.32% | -0.29% | -0.38% | 0.20% | -0.09% | |
| CHF | -0.38% | -0.08% | -0.23% | -0.20% | -0.30% | 0.29% | 0.09% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Author
FXStreet Team
FXStreet
Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
