Breaking Posted 8 hours ago

US ADP Employment Misses Sharply: 44K vs 65K Expected

News
US ADP nonfarm employment rose only 44K in July, missing consensus of 65K and down from 98K prior month—a significant slowdown signaling weaker labor-market momentum. Reinforces dovish Fed narrative and USD weakness; traders now pricing deeper rate-cut cycle. Feeds USD selloff and supports JPY strength amid coordinated intervention backdrop.
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