The private sector gained 201K jobs in May according to ADP. This was within expectations. April’s number was slightly revised to the downside: 165K instead of 169K originally reported.

The dollar is slightly stronger after the publication, with EUR/USD ticking down to 1.1110. GBP/USD is at around 1.5280, USD/JPY just above 124.50, AUD/USD at 0.7765, USD/CAD at 1.2454 and NZD/USD at 0.7130.

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