Investing.com - U.S. non-farm private employment rose more-than-expected in October, fuelling optimism over the strength of the U.S. labor market, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 230,000 last month, above expectations for an increase of 220,000.
The economy created 225,000 jobs in September, whose figure was upwardly revised from a previously reported 213,000.
While not viewed as a reliable guide for the government jobs report due on Friday, November 7, it does give guidance on private-sector hiring.
EUR/USD was trading at 1.2482 from around 1.2479 ahead of the release of the data, while GBP/USD was at 1.5914 from 1.5911 earlier.
Meanwhile, U.S. stock index futures remained higher. The Dow futures indicated a gain of 0.5% at the open, the S&P 500 futures pointed to a rise of 0.6%, while the Nasdaq 100 futures indicated an increase of 0.65%.
Elsewhere, in the commodities market, gold futures traded at $1,140.10 a troy ounce, compared to $1,140.70 ahead of the data, while crude oil traded at $77.34 a barrel from $77.28 earlier.