ADP estimates a decrease of 11,250 private sector jobs in October

ChainCatcher news, according to Golden Ten Data, employment data company ADP estimates that in the four weeks ending October 25, the private sector reduced 11,250 jobs per week. This is the latest data in ADP's weekly data series, which aims to more closely replicate the non-farm payroll report.

After the data was released, the US Dollar Index (DXY) plunged in the short term, non-US currencies collectively rose, and spot gold edged higher.