US private payrolls hit a record 42,250 weekly average, boosting USD as geopolitical risks rise after Trump’s Iran remarks.
The US Dollar Index climbed toward 99.30 after ADP data showed private employers added 42,250 jobs weekly, the strongest reading since the series began in October 2025. Rising Treasury yields and robust labor data fueled demand for the greenback.
EUR/USD slid to 1.1610 as the ECB warned of long-term demographic pressures on Eurozone growth, despite a resilient labor market. GBP/USD also weakened, nearing 1.3400, as the dollar’s strength weighed on major peers.
Safe-haven flows intensified after President Trump suggested further action against Iran, reviving Middle East escalation concerns. The dollar outperformed the Australian dollar amid the risk-off sentiment.