Forex News

US private employers create fewer than estimate jobs in March

US ADP Employment

U.S. private employers created 129,000 jobs in March, according to the ADP non-farm employment report released on Wednesday.

Analysts had predicted a job creation pace of 184,000 after a revised 197,000 jobs in February.

As known, this report is carefully watched as it provides clues about the health of the labor market ahead of Friday’s non-farm payrolls figures.

The government NFP may show the U.S. created 175,000 jobs last month, while the unemployment rate stood at 3.7 percent. 

As of 12:30 GMT, the dollar index, which tracks the green currency's movements versus a basket of major currencies, traded lower at 96.60 after it opened today at 96.87.

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