Euro Gains On Weak US Labor Data

EUR/USD rises 0.2% after US labor report misses expectations The EUR/USD pair is trading near 1.1560, adding 0.2% after a weak US labor market report. The US Dollar Index slips 0.22% toward 99.70, remaining below the 100.00 threshold. The ADP Employment Change ro

EUR/USD rises 0.2% after US labor report misses expectations

The EUR/USD pair is trading near 1.1560, adding 0.2% after a weak US labor market report.

The US Dollar Index slips 0.22% toward 99.70, remaining below the 100.00 threshold.

The ADP Employment Change rose by 44K in July, missing expectations of 70K and slowing from 98K in June.

The report follows weaker-than-expected JOLTS Job Openings data, which showed vacancies falling to 7.359 million.

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