FXstreet.com (Barcelona) - Non-farm productivity has been revised to a 6.6% increase in the second quarter from the 6.4% increase previously estimated, while unit labor costs was revised to a 5.9% decline, from the 5.8% drop previously estimated. Euro and Pound have been favoured.
EUR/USD which had dipped to 1.4195 low on the back of worse than expected ADP employment data, has bounced up to 1.4223 erasing a previous losses.
GBP/USD has bounced from 1.6200 reaching levels around 1.6225, trimming loses posted after decline from 1.6250 high on the back of ADP report.
USD/JPY has dipped to a fresh 6-week low at 92.33 on the back of weaker than expected ADP report, and the pair bounced reaching levels around 92.45 after U.S. labor productivity data.