The dollar mostly held its levels after ADP numbers for private sector jobs arrived slightly below expectations. The numbers still points to solid gains in the US labor market, even if the six-month average for job gains sits over 200K. Investors are gearing up for Friday’s nonfarm payrolls, which they anticipate could determine if the Fed lifts interest rates at its meeting later this month. The dollar inched up against the euro, as the common currency traded at $1.1261 from $1.1265 ahead of the numbers. The greenback is 0.5% higher on the day. The dollar slipped to Y120.07 from Y120.13 beforehand, still up 0.6% versus the yen for the session.

Source