The US dollar failed to shine in trading yesterday Wednesday when it was still stuck in its lackluster performance for the past few days.
Despite a recovery shown at the opening early last week, the king of currencies failed to extend its stronger gains as the latest data was published with good figures.
Examining the data in the New York session yesterday, the ADP reading showed that private employment in the United States (US) for November was 146,000, lower than the forecast of 152,000.
The figure was also lower than the previous month of 184,000 which was revised down from the original figure published at 233,000.
This slightly disturbed the picture for the US NFP employment report to be published on Friday, causing the performance of the US dollar to also be affected.
Investors were more cautiously awaiting important indicators for the labor sector ahead of the last FOMC meeting of 2024 in a few weeks.
The Euro currency rose slightly on Wednesday as the political unrest in France was still being watched.
The Australian dollar fell to a 4-month low as the country's third-quarter economic growth data came in with less than encouraging numbers.
Other key currencies showed only flat and slow movements for the early December opening.
