According to BlockBeats, on September 5, the release of the ADP employment data had significant effects on various financial markets. Following the announcement, the U.S. Dollar Index (DXY) experienced a brief decline of 10 points, currently standing at 101.03. Concurrently, the USD/JPY exchange rate saw a sharp drop of nearly 50 points, now reported at 143.13.In the bond market, the yield on the U.S. 10-year Treasury note fell to 3.747% after the employment data was made public. Similarly, the yield on the U.S. 2-year Treasury note decreased to 3.733%, marking its lowest level since May 2023. Additionally, spot gold prices saw a short-term increase of $4, now trading at $2516.78 per ounce.
