The U.S. dollar traded higher against the most major currencies after the ADP report. The U.S. economy added 281,000 jobs in June, after an increase of 179,000 jobs in May. That was the highest increase since November 2012. It is a sign that the U.S. labour market is strengthening.
Analysts had expected the U.S. economy to add 206,000 jobs.
Factory orders in the U.S. declined 0.5% in May, missing expectations for a 0.1% fall, after a 0.7% gain in April.
The euro traded lower against the U.S. dollar due to the better-than-expected U.S. jobs report. Eurozone's gross domestic product increased 0.2% in the first quarter, in line with expectations, after a 0.2% gain the previous month. On a yearly basis, Eurozone's gross domestic product climbed 0.9% in the first quarter, in line with expectations, after a 0.9% rise the previous month.
The producer price index in the Eurozone declined 0.1% in May, missing expectations for a 0.1% gain, after a 0.1% decrease in April. On a yearly basis, Eurozone's producer price index fell 1.0% in May, in line with expectations, after a 1.2% decline in April.
The number of jobless claims in Spain decreased by 122,684 from May.
The British pound traded higher against the U.S. dollar due to the better-than-expected U.K. construction purchase managers' index. The U.K. construction purchasing managers' index surged to 62.6 in June from 60.0 in May. Analysts had expected the index to fall to 59.7.
Nationwide house price index for the U.K. increased 1.0% in June, exceeding expectations for a 0.7% rise, after a 0.7% gain in May.
On a yearly basis, Nationwide house price index for the U.K. climbed 11.8% in June, after 11.1% rise in May.
The New Zealand dollar declined against the U.S dollar after milk powder prices decreased at an auction, but later recovered a part of its losses. No economic reports were released in New Zealand.
The Australian dollar declined against the U.S. dollar due to the weaker-than-expected Australian trade balance and the better-than-expected U.S. jobs report. Australia's trade deficit increased to A$1.91 billion in May, from A$0.78 billion in April. April's figure was revised down from a deficit of A$0.12 billion. Analysts had expected the trade deficit to sink to A$0.21 billion.
The Japanese yen declined against the U.S. dollar due to the better-than-expected U.S. jobs report.
The monetary base in Japan climbed 42.6% in June, missing expectations for a 48.3% increase, after a 45.6% rise in May.
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