Top tier economic data on the schedule
ADP employment is expected at 175K compared to 179K last month. Estimates range from 225K to 135K.
The top-end estimate is Ian Shephardson, who is an economist I respect a lot so watch out for a strong number. If it is, the trade is a tough one. The risk of buying the dollar on it is that the correlation with non-farm payrolls is poor.
