Nonfarm payrolls rose by 156k in September, well below our and consensus forecasts, while payroll growth for August was revised modestly higher to 167k from 151k as previously reported. Employment in September was led by the services sector, where payrolls Read More →

Key Points

• The Euro recently traded towards 1.0980 against the Swiss Franc, where it failed once again.
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Key Points

• The British Pound declined heavily today, and broke the 130.00 support versus the Japanese yen.
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BofA Merrill: We look for another week employment report in September with only 140,000 in job growth and potential upward revisions to August. As we have previously written, August and September historically surprise on the downside and then are revised Read More →