Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is high.
There is no forecast value for ADP Employment Change yet - check back for updates.
The most recent announced value for ADP Employment Change was -32K against a forecast of 50K.
Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next ADP Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Michigan Consumer Sentiment Index | Bearish change | 55 | 53.6 | ||
| UoM 1-year Consumer Inflation Expectations | (no change) | 4.6% | 4.6% | ||
| UoM 5-year Consumer Inflation Expectation | Bullish change | 3.7% | 3.9% | ||
| Michigan Consumer Expectations Index | Bearish change | 51.2 | 50.3 | ||
| Consumer Price Index (MoM) | Bearish change | 0.4% | 0.3% | ||
| Consumer Price Index (YoY) | Bullish change | 2.9% | 3% | ||
| Consumer Price Index ex Food & Energy (MoM) | Bearish change | 0.3% | 0.2% | ||
| Consumer Price Index ex Food & Energy (YoY) | Bearish change | 3.1% | 3% | ||
| Existing Home Sales Change (MoM) | Bullish change | -0.2% | 1.5% | ||
| Philadelphia Fed Manufacturing Survey | Bearish change | 23.2 | -12.8 | ||
| NY Empire State Manufacturing Index | Bullish change | -8.7 | 10.7 |
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | ADP Research Institute |
| Category: | Labor Market |
| Frequency: | Monthly |