Investing.com - U.S. non-farm private employment rose more than expected in November, boosting optimism over the health of the economy and supporting the case for a U.S. interest rate hike this month, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 217,000 last month, above expectations for an increase of 190,000.
The economy created 196,000 jobs in October, whose figure was upwardly revised from a previously reported increase of 182,000.
While not viewed as a reliable guide for the government jobs report due on Friday, December 4, it does give guidance on private-sector hiring.
EUR/USD was trading at 1.0585 from around 1.0609 ahead of the release of the data, GBP/USD was at 1.5010 from 1.5028 earlier, while USD/JPY was at 123.25 compared to 123.12 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 100.16, compared to 100.09 ahead of the report.
Meanwhile, U.S. stock futures pointed to a mixed open. The Dow futures indicated a decline 0.1%, the S&P 500 futures indicated a drop of 0.1%, while Nasdaq 100 futures tacked on 0.1%.
Elsewhere, in the commodities market, gold futures traded at $1,061.30 a troy ounce, compared to $1,064.40 ahead of the data, while crude oil traded at $41.14 a barrel from $41.20 earlier.