Investing.com - U.S. non-farm private employment rose at the slowest pace in three years in April, dampening optimism over the health of the labor market, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 156,000 last month, missing expectations for an increase of 196,000.
The economy created 194,000 jobs in March, whose figure was downwardly revised from a previously reported increase of 200,000.
While not viewed as a reliable guide for the government jobs report due on Friday, May 6, it does give guidance on private-sector hiring.
EUR/USD was trading at 1.1522 from around 1.1506 ahead of the release of the data, GBP/USD was at 1.4533 from 1.4511 earlier, while USD/JPY was at 106.42 compared to 106.62 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 92.90, compared to 92.99 ahead of the report.
Meanwhile, U.S. stock futures pointed to a lower open. The Dow futures indicated a loss 0.55%, the S&P 500 futures pointed to a drop of 0.65%, while Nasdaq 100 futures slipped 0.7%.
Elsewhere, in the commodities market, gold futures traded at $1,283.75 a troy ounce, compared to $1,282.15 ahead of the data, while crude oil traded at $44.03 a barrel from $44.05 earlier.