The US Economic Outlook Improved By &Nbsp; &Nbsp; The US Dollar Exchange Rate Rose 0.99% On Wednesday.

On Wednesday morning, Beijing time, on Wednesday, the ADP employment report said there was a strong improvement in the employment situation in the private sector last month.

However, some analysts have pointed out that the trend of the US dollar exchange rate in recent days may prove to be quite fragile.

Investors may not have been completely convinced before the official employment report released on December on Friday.

Close to the foreign exchange market, tracking a package of six main currencies.

Earlier Wednesday, the auto Data Processing Inc ADP released data on private sector employment in December, which showed that the number of employed persons increased by 297 thousand, far higher than the 100 thousand expected level of the market.

However, analysts also pointed out that the ADP employment report did not show a track of monthly change, and a more reliable indicator would be the official December non farm employment report released on Friday.

However, the relevant analysis report also admitted that the size of the ADP employment report data makes it hard to ignore this positive.

Also released on Wednesday, the US Supply Management Association service index also shows the fastest growth since May 2006.

Australia continued to suffer from floods. Australian dollar fell 0.59% to $0.9997 on Wednesday.

Reports say the flooding in Queensland has caused market concerns, and Australian grain production and exports may be affected, leading to the decision of the Bank of Australia to postpone further interest rate hikes.

In other currencies, the US dollar fell to 0.20% against Canadian dollar at 0.9963 Canadian dollar.