US Dollar selloff pauses as focus remains on employment data
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Here is what you need to know on Thursday, December 4: The US Dollar (USD) stabilizes early Thursday after suffering large losses against its rivals on Wednesday. The European economic calendar will feature October Retail Sales data. In the second half of the day, market participants will pay close attention to the weekly Initial Jobless Claims figures from the US. On Wednesday, the Automatic Data Processing (ADP) reported that private sector employment in the US declined by 32,000 in November. This print followed the 47,000 increase recorded in October and came in worse than the market expectation for an increase of 5,000. Other data from the US showed that the Institute for Supply Management’s (ISM) Services Purchasing Managers’ Index (PMI) edged higher to 52.6 in November from 52.4 in October. The Employment Index of the PMI survey came in at 48.9, reflecting an ongoing contraction in service sector payrolls. The USD Index turned south following these data releases and touched its lowest level since late October near 98.80. Early Thursday, the USD Index recovers toward 99.00. Meanwhile, US stock index futures trade mixed after Wall Street’s main indexes closed in positive territory on Wednesday. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.49% -0.72% -0.51% -0.07% -0.93% -0.60% -0.28% EUR 0.49% -0.23% -0.02% 0.42% -0.43% -0.11% 0.21% GBP 0.72% 0.23% 0.48% 0.65% -0.21% 0.12% 0.44% JPY 0.51% 0.02% -0.48% 0.43% -0.44% -0.10% 0.21% CAD 0.07% -0.42% -0.65% -0.43% -0.90% -0.53% -0.21% AUD 0.93% 0.43% 0.21% 0.44% 0.90% 0.33% 0.64% NZD 0.60% 0.11% -0.12% 0.10% 0.53% -0.33% 0.32% CHF 0.28% -0.21% -0.44% -0.21% 0.21% -0.64% -0.32% The heat map…
Filed under: News - @ December 4, 2025 7:23 am