The dollar rose to a one-month high against the yen before US labor market reports this week.
Today’s ADP National Employment report in the U.S. is expected to show an increase of 210,000 workers for May after recording a gain of 220,000 in April, a survey of economists showed.
The U.S. economy probably added 215,000 jobs in May after a 288,000 gain in April that was the biggest since 2012, according to economists before a Labor Department report due June 6.
EURO
The euro gained, but the Services PMI data out of the EMU countries didn’t trigger even mild reaction of the pair, as the readings again confirmed the economic recovery in the euro zone is going on unevenly.
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