Good news from the US labor market: a gain of 237K private sector jobs in June, and also a small revision for May: 203K. This raises the expectations for the Non-Farm Payrolls, which are published tomorrow, on Thursday this time due to the 4th of July long weekend. The ADP read is the highest since December and certainly encouraging.
The US dollar is stronger: EUR/USD slipped to a new low at 1.1087, USD/JPY tops 123, GBP/USD slips below 1.5650, USD/CAD at 1.2536, AUD/USD below 0.7670 and NZD/USD at 0.6750. Update: the gains extend further.
The ADP report was expected to show a gain of 218K private sector jobs in June, following 201K in May (before revisions).
The dollar was doing well before the publication, amid headlines regarding Greece.
See how to trade the Non-Farm Payrolls with EUR/USD
