The dollar has gained some buyers in early European trade Thursday, as tensions between China and the U.S. flared up again overnight, but gains against the euro have been limited ahead of the European Central Bank meeting.
Cardano was trading at $0.083737 by 10:19 (14:19 GMT) on the Investing.com Index on Wednesday, up 10.14% on the day. It was the largest one-day percentage gain since May 30.
China’s services sector returned to growth for the first time in five months in May, but a complete economic recovery from the COVID-19 virus could still take time.
The U.S. private sector shed another 2.76 million jobs in May, according to a report by payrolls processor ADP, indicating that it could take the economy a while to rebound as businesses reopen.
Wall Street rallied Wednesday on signs the worst of the Covid-19 pandemic's hit to the economy may be over following better-than-feared labor market and services data.