Treasury Futures Rise, Dollar Falls on Weak ADP Jobs Data

Core Insights - The U.S. Dollar Index fell by 0.3% as Treasury futures rose, indicating a weakening jobs market [1][2] - ADP's report revealed that private employers lost an average of 11,250 jobs per week last month, contrasting with a previous report showing an increase of 42,000 jobs for October [2] Economic Indicators - The decline in the dollar and rise in Treasury futures are linked to the latest employment data, suggesting market reactions to economic conditions [1] - The discrepancy in job data is attributed to different methodologies used in the reports, with the latest data covering a four-week average [2]