The US ADP employment change four-week average has increased to 12K jobs per week in the four weeks ending August 22, showing some extra recovery in hiring.
This is a modest rebound from the prior reading of 10K jobs per week. The Greenback remains under pressure, trading at the lower end of its recent range.
The US Dollar Index (DXY) is challenging the area of four-month troughs around 98.60, building on recent losses.
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