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Dollar bears attempted to push the greenback lower following the release of much weaker-than-expected ADP employment data, but the downward momentum lacked conviction. Traders remain cautious, given that ADP data has not consistently aligned with non-farm payrolls, leaving room for surprises when the NFP is released tomorrow. Furthermore, today’s upcoming ISM services report could still […]

The post Weak ADP Fails to Spark Sustained Dollar Selloff, Gold Approaches Record appeared first on Action Forex.

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