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Wednesday, January 6, 2010

Topic of The Day: US ADP Employment Change

For your information:

US ADP EMPLOYMENT CHANGE is The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth.

Therefore, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.


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