Forexpros – The Euro was higher against the U.S. Dollar on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
EUR/USD was trading at 1.3763, up 0.44% at time of writing.
The pair was likely to find support at 1.3609, Tuesday’s low, and resistance at 1.4199, Friday’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 110K last month, from 116K in the preceding month whose figure was revised up from 91K.
Analysts had expected U.S. non-farm employment change to rise 100K last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.34% to hit 0.8622 and EUR/JPY rising 0.01% to hit 107.42.
Forexpros
