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3 Jun 2015
EUR/USD steady after ADP as attention turns to Draghi
FXStreet (Córdoba) - EUR/USD remained little changed at the lower-side of today’s range following ECB decision to keep main rates unchanged and the US private payrolls data.
Data showed US private sector added 201K jobs in May, in line with expectations of 200K and up from April’s 165K gain. ADP data takes special relevance two days ahead of the government's nonfarm payrolls report.
EUR/USD held onto the 1.1120 area following the data as attention turns to ECB President Mario Draghi speech.
EUR/USD staged a mild correction following yesterday's steep rally that sent the pair to the doors of 1.1200 amid hopes of a Greek deal. The downside was contained around 1.1100, confining the pair to a narrow range over the last hours. The euro remained fairly steady after the ECB decision to keep interest rates unchanged and ADP data.
Data showed US private sector added 201K jobs in May, in line with expectations of 200K and up from April’s 165K gain. ADP data takes special relevance two days ahead of the government's nonfarm payrolls report.
EUR/USD held onto the 1.1120 area following the data as attention turns to ECB President Mario Draghi speech.
EUR/USD staged a mild correction following yesterday's steep rally that sent the pair to the doors of 1.1200 amid hopes of a Greek deal. The downside was contained around 1.1100, confining the pair to a narrow range over the last hours. The euro remained fairly steady after the ECB decision to keep interest rates unchanged and ADP data.