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ADP employment data coming up next. What to watch for

The ADP jobs report hasn’t been a good predictor of non-farm payrolls but it’s a jobs survey of the US economy from a decent data set. It showed surprising strength in October with the opposite unfolding in the official data.

This week’s edition is forecast at +150K and it’s due at 8:15 am ET.

I wouldn’t expect a big reaction as the ISM services survey at 10 am ET is the highlight of the day.

This article was written by Adam Button at www.forexlive.com.

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