US ADP private sector employment increases 152,000 in May vs. 173,000 expected

Private sector employment in the US rose by 152,000 in May and annual pay was up 5%, the Automatic Data Processing (ADP) reported on Wednesday.
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USD/JPY rebounds on positive risk sentiment, weak Japanese wage data

USD/JPY bounces off the 50-day Simple Moving Average (SMA) and pumps higher as the US Dollar (USD) continues its resurrection after the recent post-ISM Manufacturing PMI miss sell-off.
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