The U.S. dollar moved in a tight range on Wednesday, but stayed largely firm against its major counterparts, with investors reacting to the Federal Reserve's testimony before the Congress, and digesting the private sector jobs data.
Payroll processor ADP released a report this morning showing private sector employment in the U.S. increased by more than expected in the month of February.
ADP said private sector employment jumped by 242,000 jobs in February after climbing by an upwardly revised 119,000 jobs in January.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.