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Wednesday, January 7, 2015
TODAY'S "ADP EMPLOYMENT DATA" DATE: 07-01-2015
Radhey Radhey!
Jan 07 18:45 GMT+5:30 225K Consensus 208K Previous
The Employment Change released by the Automatic Data Processing, Inc, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish - Chandan
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