The US will release it's March ADP employment report today at 12:15 GMT.ADP is usually released ahead of the NFP jobs report.But it's important to note that ADP has a very bad track record for predicting NFP (as seen below).In recent months, we've seen unpredictable volatility out of the ADP releases.With not even massive deviations being enough to create any meaningful or sustainable market impact.So, if it doesn't predict NFP, and if it hasn't been particularly tradable, why should traders pay attention to it?We pay attention to it because it can impact market expectations for NFP. Remember that NFP estimates are usually submitted the prior week's Friday.But in the run up to NFP, we get da
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