Investing.com - The dollar firmed against the euro on Wednesday after data revealed the private sector picked up more jobs in June than markets were anticipating.
In U.S. trading, EUR/USD was down 0.20% at 1.3652, up from a session low of 1.3643 and off a high of 1.3683.
The pair was likely to find support at 1.3640, Monday''s low, and resistance at 1.3700, Monday''s high.
Payroll processor ADP reported earlier in its nonfarm payrolls report showed that the U.S private sector added 281,000 jobs last month, beating expectations for an increase of 200,000 and the highest since November 2012.
The upbeat data eased concerns that headwinds may be slowing U.S. recovery.
A separate report showed that U.S. factory orders fell by a larger than forecast 0.5% in May.
Investors were turning their attention to a speech by Fed Chair Janet Yellen later in the session, ahead of Thursday’s closely watched nonfarm payrolls report. The report was being released one day ahead of schedule because of Friday’s Independence Day holiday.
Elsewhere, the euro was down against the pound, with EUR/GBP down 0.28% at 0.7954, and up against the yen, with EUR/JPY up 0.04% at 138.92.
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