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USD stronger on ADP report

The US dollar strengthened versus the major currencies on a better-than-expected ADP employment report. The US private sector added 215K new jobs in November, exceeding the 173K forecast. As a result, ADP NFP reached its highest level since Dec. 2012. October reading was revised up from 130K to 184K jobs.

EUR/USD fell to fresh daily lows around $1.3540. GBP/USD dipped to $1.6340. AUD/USD is trading at a lowest level since early September ($0.9020). 

Chart. ADP NFP 2011-2013

Source: forexfactory.com

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