The trend of the US dollar remained steady, although the US private sector employment data fell slightly short of expectations. Private sector employers added 41,000 jobs in December, according to ADP data released Wednesday. Economists surveyed by the Wall Street Journal had anticipated an increase of 48,000 jobs. However, last month's data was revised up to show that employers cut 29,000 jobs, while the number of jobs initially reported dropped by 32,000. The US dollar index remained largely unchanged after the data was released and stabilized at 98.601. These data were released before the release of the key US non-farm payrolls report on Friday. The report may affect market expectations about when the Federal Reserve will cut interest rates next.

The trend of the US dollar remained steady, although the US private sector employment data fell slightly short of expectations. Private sector employers added 41,000 jobs in December, according to ADP data released Wednesday. Economists surveyed by the Wall Street Journal had anticipated an increase of 48,000 jobs. However, last month's data was revised up to show that employers cut 29,000 jobs, while the number of jobs initially reported dropped by 32,000. The US dollar index remained largely unchanged after the data was released and stabilized at 98.601. These data were released before the release of the key US non-farm payrolls report on Friday. The report may affect market expectations about when the Federal Reserve will cut interest rates next.