The dollar is strong after three positive data releases have driven demand for the currency.
ADP employment change far exceeded market expectations, with American private businesses making 978,000 hires in May compared to the projected 600,000.
ISM Services PMI also outperformed predictions, and initial jobless claims saw a new pandemic low.
Later today, we will see non-farm payrolls which could play an important role in the Federal Reserve’s decision around tapering its bond buying programme.
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