AUD/USD Heads Toward 0.6500, Which Could Clear the Way for a Breakout

AUD/USD heads toward 0.6500, which could clear the way for a breakout

The Australian Dollar (AUD) is gaining confidence against the US Dollar (USD) on Wednesday, with bulls eagerly approaching a critical barrier of resistance.

Aud/usd threatens psychological resistance while the bulls of the US dollar go back - World Stock Market

The Aud/USD recovers while bulls are enthusiastically approaching psychological resistance at 0.6500. The applications for unemployment subsidy in the US of Thursday occupy the center of attention after the disappointing Wednesday ADP report. Australian trade balance data could provide additional information about the resilience of the export industry to tariffs. The Australian dollar (AUD) is gaining confidence against the US dollar (USD) on We…

USDJPY Prediction: Pair Near Weekly Lows, Defies Dovish BoJ

USDJPY traded downwards in the New York session on Wednesday as ADP labour data and ISM manufacturing data came out weaker than expected. The pair traded at 142.65 at the time of writing, down by 0.9% on the day. Strong April JOLTS Jobs Openings gave the US dollar some propulsion on Tuesday, but that traction has been lost after ADP Non Farm Payrolls numbers came out. The private sector-focused ADP Employment Change numbers for May came out at 3…

Markets Rattle as ADP Report Sends Stocks and USD Lower - Action Forex

We are getting mixed data from the US in the past couple of days, especially as it comes to Employment. US ADP Private Employment data came in at +37,000 jobs added vs 115,000 Expected – A relatively large miss which may scare markets going towards the NFP number. The previous release was at 60K, and […] The post Markets Rattle as ADP Report Sends Stocks and USD Lower appeared first on Action Forex.

S&P500 and Nasdaq 100: Tech Stocks Rally but ADP Miss Dampens Sentiment

US stocks rise modestly as weak ADP data boosts Fed rate cut bets. Nasdaq outperforms, led by Nvidia. Traders await key nonfarm payrolls data.

Yields Lower on Weak ADP Labor Data - Archer Financial Services

INTEREST RATE MARKET FUTURES Futures are higher across the curve as the weak ADP labor... The post Yields Lower on Weak ADP Labor Data appeared first on Archer Financial Services.