ADP August employment +177K vs +175K expected

• Prior was 179K (revised to 194K)
• Economist estimates ranged from 225K to 135K

The US dollar liked the headlines. Beware that it's also month-end and the consistent theme over the past couple days of month-end has been dollar buying.
On its own, I don't know if the Fed will take anything away from this. Over the past five months, the average ADP employment gain is 175K, which is the lowest since July 2013.