ADP Perks up USD – U.S. ADP private payrolls increased 135k in September with the 237k August jump revised down to 228k, to leave the report weaker than expected. There were some effects from the hurricanes, especially in the trade/transport sector, which fell 18k. he dollar was little changed after the modest ADP miss of 135k versus consensus for 145k. EUR-USD is steady near session highs, trading at 1.1780, while USD-JPY sits near 112.40, above earlier session lows of 112.32.
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Senior Market Analyst
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