FXstreet.com (Barcelona) - U.S. markets are going through slight gains at opening times after the ADP report showed that employment loss will continue declining although at a moderate pace. The Dollar remains consolidating at low levels against Euro and Pound.
Dow Jones Industrials Index trades 0.1% up, while the Nasdaq Index advances 0.45%, and the S&P Index edges up 0.1% in the first hour of trading.
On the macroeconomic domain, the U.S. ADP employment report has forecasted a 169,000 net loss on private sector jobs in November, a somewhat larger decline then the 150.000 expected by the analysts.
Dollar steady at low levels
EUR/USD remains moving in a range between 1.5065 and 1.5100 after having peaked on Tuesday at 1.5115, although at the moment of writing, the Euro is pressing lower after having dipped to 1.5060 session low.
GBP/USD rally from Tuesday's low at 1.6390 has extended on Wednesday, with the pair rallying from 1.6550 to 1.6695 intra-week high, before easing to levels right above Tuesday's low at 1.6650.
USD/JPY rallied during European trade from 86.50 to 87.40 high, and the pair has eased on early U.S session to test 87.00 support, which so far remains intact, as the pair trades at 87.20.