According to TechFlame, financial website Forexlive analyst Adam Button said that ADP employment numbers in June were the worst reading since March 2023. This is a difficult time until the non-farm payrolls data is released tomorrow. Another argument is that household-based data points to a weak market. The market has now fully priced the possibility of cutting interest rates in September. The probability of cutting interest rates by 50 basis points is 22%.