The U.S. dollar turned weak on Wednesday after data from payroll processor ADP showed a smaller than expected increase in private sector employment in the month of September.
Meanwhile, the yield on U.S. 10-year Treasury Note dropped to 4.77% today.
The ADP data showed private sector employment rose by 89,000 jobs in September after climbing by an upwardly revised 180,000 jobs in August. Economists had expected private sector payroll to increase by 153,000 jobs, compared to the addition of 177,000 jobs originally reported for the previous month.
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Forex News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.