FXstreet.com (Barcelona) - The Euro has reacted bullish against the Greenback on the back of the ADP employment report in line of expectations. EUR/USD has risen 30 pips in the minutes following the data to test intra-day highs at 1.4775.
Currently the pair is trading higher and it is reaching fresh daily highs close to 1.4790 in its way to approach to 1.4800. EUR/USD is reaching 0.20% gains from today's opening price action at 1.4721.
The Automatic Data Processing has published its employment report with a decrease of 203k in October, less than 254k posted in September. Market expectations were a decline of 200k jobs in October