US Session – Dollar holds onto gains after better ADP jobs data
Posted on July 3, 2013 at 8:02 pm GMTThe dollar traded higher against the yen during the U.S. session on Wednesday, bouncing off earlier lows, after being lifted by better-than-expected jobs data. The private payrolls processor ADP reported more jobs were created in June, with the U.S. economy gaining 188,000 positions from the prior month’s 134,000 and beat forecast of 161,000 jobs. A separate report released later in the session showed U.S. initial jobless claims for past week fell by 5,000 to 343,000 applications for first time benefits. [..]