According to the ADP report, US private employment rose by 176 000 in June, up from a revised 136 000 in May.
On Thursday, currency traders were counting down the policy decisions of the ECB and the Bank of England.
Italy beats Germany
Market expectations were very low going into the meeting and this time the political leaders managed to deliver more than expected in the market. Despite a substantial difference in opinion between Germany on one side and Italy, Spain and France on the other, Italy’s Mario Monti managed to persuade Germany to support short-term measures.
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