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What key thing did we learn from the ADP report?

Discussion in 'Market News' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Aside from what it does or does not mean for the US economy, the ADP gave us another clue on price action The fact that the EURUSD and GBPUSD had a greater reaction than USDJPY over the data highlights the CB policy divergence. Perhaps that's been a big part of early year trading that's been masked by everything else going on. As Adam points out below, things are still a little messy

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