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05.11.2014, 16:35

Foreign exchange market. American session: the U.S. dollar traded mixed against the most major currencies after the mixed U.S. economic data

The U.S. dollar traded mixed against the most major currencies after the mixed U.S. economic data. Private sector in the U.S. added 230,000 jobs in October, according the ADP report on Wednesday. That was the second highest increase of 2014. September's figure was revised up to 225,000 jobs from a previous reading of 213,000 jobs. Analysts expected the private sector to add 214,000 jobs.

The ISM non-manufacturing purchasing manager's index for the U.S. declined to 57.1 in October from 58.6 in September, missing expectations for a fall to 58.2.

The Markit final services purchasing manager's index for the U.S. to 57.1 in October from 57.3 in September. Analysts had expected the index to remain unchanged at 57.3.

The euro traded mixed against the U.S. dollar. Retail sales in the Eurozone fell 1.3% in September, missing expectations for a 0.6% decrease, after a 0.9% gain in August. August's figure was revised down from a 1.2% rise.

Eurozone's final services purchasing managers' index decreased to 52.3 in October from 52.4 in September. Analysts had expected the index to remain unchanged at 52.4.

Germany's final services purchasing managers' index fell to 54.4 in October from 54.8 in September. Analysts had expected the index to remain unchanged at 54.8.

France's final services purchasing managers' index rose to 48.3 in October from 48.1 in September. Analysts had expected the index to remain unchanged at 48.1.

The British pound traded higher against the U.S. dollar. The services purchasing managers' index in the U.K. fell to 56.2 in October from 58.7 in September. Analysts had expected the index to remain unchanged at 58.7.

The Swiss franc traded mixed against the U.S. dollar. Switzerland's consumer price index was flat in October, beating expectations for a 0.1% decline, after a 0.1% rise in September.

The New Zealand dollar dropped against the U.S. dollar. In the overnight trading session, the kiwi traded higher against the greenback after the better-than-expected labour market data from New Zealand. New Zealand's unemployment rate decreased to 5.4% in the third quarter from 5.6% in the second quarter, exceeding expectations for a decline to 5.5%. That was the lowest level since March 2009.

Employment in New Zealand rose 0.8 % in the third quarter, beating forecasts of a 0.6% increase, after a 0.4% gain in the second quarter.

The Australian dollar fell against the U.S. dollar. Australia's AiG services index declined to 43.6 in October from 45.4 in September.

China's HSBC services index also weighed on the Aussie. The HSBC services index fell to 52.9 in October from 53.5 in September.

The Japanese yen traded mixed against the U.S. dollar. In the overnight trading session, the yen decreased against the greenback after a speech by Bank of Japan (BoJ) Governor Haruhiko Kuroda. He said in a speech in Tokio on Wednesday that the central bank is ready to add further stimulus measures to achieve its 2% inflation target. He added that there is no limit to monetary policy measures, including purchases of Japanese government bonds.

Labour cash earnings in Japan climbed 0.8% in September, missing expectations for a 0.9 increase, after a 0.9% gain in August. August's figure was revised down from a 1.4% rise.

Japan's monetary base increased 36.9% in October, exceeding expectation for a 36.2% gain, after a 35.3% rise in September.

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