US December ADP employment data is upcoming. Will mainstream institutions' generally optimistic expectations be able to support the dollar?

【CoinPost】Tonight at 21:15, the US December ADP employment data will be released. Can this data continue the positive trend seen earlier?

According to the latest institutional forecasts, market sentiment towards this data is quite optimistic. The previous value was -32,000, but most institutions have generally raised their expectations—from Sparta Securities’ relatively conservative +16,000 to Mizuho Bank’s most optimistic +80,000, with a wide expected range.

Among them, major financial institutions such as Sumitomo Mitsui, Zurich Cantonal Bank, and Deutsche Central Bank expect between +40,000 and +45,000; Goldman Sachs, Deutsche Bank, and TD Securities lean towards stronger growth, with forecasts of +55,000, +50,000, and +60,000 respectively. BNP Paribas, Helaba Bank, and Mizuho Bank are at the forefront of the expectation curve.

Employment data has always been an important reference for Federal Reserve policy. Strong employment growth often indicates a more resilient economy, which can have chain reactions on the US dollar and interest rate expectations, and directly impact the pricing of risk assets in the crypto market. This data tonight is worth close attention.