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ADP Non-Farm Employment Change – 1/10

What is it? It checks the estimated change in the number of employed people during the previous month, without the farming industry and government.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? Today (1.10) at 8:15am Eastern Time.

 

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.

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