ADP employment numbers in the United States fell significantly below expectations, causing the US dollar index to decline.

GateUser-6433627c · 2025-06-04T12:23:48+00:00

On June 4, the US ADP private employment report for May rose by only 37,000, well below expectations of 114,000. April's figure was revised downward by 20,000 to 60,000. 37,000 is the lowest level since March 2023. As we've always said, the ADP report wasn't a reliable guide for Friday's jobs data, but that didn't stop the bears from returning to the dollar, and the DXY short-term decline in the dollar index extended to 20 points after the release of the data. ( gold ten )

GateUser-6433627c

2025-06-04 12:23:48

On June 4, the U.S. May ADP private employment report only rose by 37,000, far below the expected 114,000. The April data was revised down by 20,000 to 60,000. 37,000 is the lowest level since March 2023. As we have always said, the ADP report is not a reliable guide for Friday’s employment data, but this did not stop short positions from returning to the dollar. After the data was released, the dollar index DXY’s short-term decline expanded to 20 points. ( Jin10 )

ADP0,57%

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