Yesterday, USD strengthened against most major currencies except AUD and NZD.
The ADP Non-Farm Employment Change data (Actual: 174K, Forecast: 48K, Previous: -123K) released yesterday indicated an increase in the number of people employed in January, making a recovery from the decline in jobs in the previous month.
The Final Services PMI data (Actual: 58.3, Forecast: 57.4, Previous: 57.5) released yesterday indicated an upwards revision in the services PMI for January.
The ISM Services PMI data (Actual: 58.7, Forecast: 56.7, Previous: 57.2) released yesterday tallied with the final services PMI data release by IHS Markit, indicating an increase in the rate of expansion in the services sector.
The U.S. Unemployment Claims data (Forecast: 828K, Previous: 847K) will be released later at 2130 (SGT).
The ADP Non-Farm Employment Change data (Actual: 174K, Forecast: 48K, Previous: -123K) released yesterday indicated an increase in the number of people employed in January, making a recovery from the decline in jobs in the previous month.
The Final Services PMI data (Actual: 58.3, Forecast: 57.4, Previous: 57.5) released yesterday indicated an upwards revision in the services PMI for January.
The ISM Services PMI data (Actual: 58.7, Forecast: 56.7, Previous: 57.2) released yesterday tallied with the final services PMI data release by IHS Markit, indicating an increase in the rate of expansion in the services sector.
The U.S. Unemployment Claims data (Forecast: 828K, Previous: 847K) will be released later at 2130 (SGT).