|

Breaking: US private sector employment rises 89,000 in September vs. 153,000 expected

Private sector employment in the US rose 89,000 in September, the data published by Automatic Data Processing (ADP) showed on Wednesday. This reading followed the 180,000 increase (revised from 177,000) recorded in August and missed the market expectation of 153,000 by a wide margin.

"Job stayers saw a 5.9 percent year-over-year pay increase in September, marking the 12th straight month of slowing growth," the publication read. "Pay gains also shrank for job changers, to 9 percent, down from 9.7 percent in August." 

Commenting on the report's findings, “we are seeing a steepening decline in jobs this month,” said Nela Richardson, ADP chief economist. “Additionally, we are seeing a steady decline in wages in the past 12 months," she added.

Market reaction

The US Dollar stays under bearish pressure following the disappointing jobs data. As of writing, the US Dollar Index was down 0.4% on the day at 106.65.

US Dollar price today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Pound Sterling.

 USDEURGBPCADAUDJPYNZDCHF
USD -0.45%-0.64%-0.04%-0.39%-0.16%0.04%-0.52%
EUR0.43% -0.19%0.41%0.05%0.29%0.48%-0.10%
GBP0.60%0.13% 0.57%0.22%0.44%0.64%0.09%
CAD0.03%-0.44%-0.61% -0.37%-0.14%0.06%-0.49%
AUD0.39%-0.10%-0.27%0.33% 0.22%0.38%-0.12%
JPY0.17%-0.27%-0.43%0.15%-0.18% 0.19%-0.33%
NZD-0.04%-0.49%-0.68%-0.07%-0.40%-0.20% -0.55%
CHF0.50%0.04%-0.12%0.48%0.14%0.35%0.55% 

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 Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

AUD/USD eyes 0.7150 barrier nine-day EMA

AUD/USD inches higher after registering modest losses in the previous day, trading around 0.7130 during the Asian hours. The technical analysis of the daily chart indicates that the pair is moving sideways within the rectangle pattern, suggesting a consolidation as neither the bulls nor the bears have enough momentum to take control of the market.

USD/JPY trades below 160.00 intervention threshold; bullish bias intact

The USD/JPY pair attracts some sellers during the Asian session amid fears that authorities will step in again to prop up the Japanese Yen. Furthermore, the Israel-Lebanon truce prompts some profit-taking around the US Dollar and exerts downward pressure on the currency pair.

Gold rebounds from one-week low as Israel-Lebanon truce pressures safe-haven USD

Gold gains some positive traction on Thursday and climbs to the $4,475 area during the Asian session, reversing a major part of the previous day's slide to a one-week low. The Israel-Lebanon truce prompts some profit-taking around the US Dollar and supports the commodity. 


Hyperliquid: ETF demand, capital rotation fuel HYPE rally as Bitcoin melts

Hyperliquid price sustains an upward trend near its all-time high of $75.76 on Thursday after posting 80% gains in May, while Bitcoin (BTC) retraces below $65,000, triggering a market-wide panic.

Kevin Warsh takes the Fed helm: What it means for the US Dollar
The Federal Reserve moves away from the highly predictable "forward guidance" model of the Jerome Powell era to a new “Kevin Warsh environment”, characterized by less communication, more policy surprises, and an increased focus on the Fed's complex balance sheet.
Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.