Is the US Employment Sector Improving?

Source: ForexYard Is the US Employment Sector Improving? July's ADP and NFP employment reports, released last week, both showed drastic increases in job creation, with ADP's private sector data showing 14 consecutive months of growth. Yesterday's weekly unemployment claims figure seems to be continuing this trend with only 395,000 people filing for unemployment benefits, beating forecasts by approximately 10,000 claims. Economic News USD – US Dollar under Pressure from Soft Data The US dollar was seen trading moderately lower yesterday as traders began to reevaluate the recent flattening out in USD values. The EUR/USD was seen garnering support near 1.4150 yesterday and jumping towards 1.4300 in late trading. The greenback saw similar movements against most other currency pairs . . . → Read More: Is the US Employment Sector Improving?