Investing.com - U.S. non-farm private employment rose more than expected in June, easing concerns over the health of the labor market, industry data showed on Thursday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 172,000 last month, above forecasts for an increase of 159,000.
The economy created 168,000 jobs in May, whose figure was revised down from a previously reported increase of 173,000.
While not viewed as a reliable guide for the government jobs report due on Friday, July 8, it does give guidance on private-sector hiring.
EUR/USD was trading at 1.1075 from around 1.1085 ahead of the release of the data, GBP/USD was at 1.3016 from 1.3020 earlier, while USD/JPY was at 101.04 compared to 100.96 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 96.13, compared to 96.06 ahead of the report.
Meanwhile, U.S. stock futures pointed to a modestly lower open. The Dow futures indicated a loss 0.15%, the S&P 500 futures pointed to a drop of 0.15%, while Nasdaq 100 futures slipped 0.1%.
Elsewhere, in the commodities market, gold futures traded at $1,363.35 a troy ounce, compared to $1,366.75 ahead of the data, while crude oil traded at $47.93 a barrel from $47.90 earlier.