Analysts at TD Securities explain that the US October jobs report was solid with fewer apparent hurricane distortions than anticipated. Key Quotes “A surprisingly strong headline payroll print of 250K led the way, along with a steady unemployment rate at 3.7% and on-consensus annual wage growth of 3.1%. All of which keeps the Fed on track for another hike in December, and to likely tighten slightly above neutral over time.” “FX: The data offers a boost to the USD, though we think markets will be cautious to push this narrative with positioning stretched and event risk related to the US mid-terms next week.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Unemployment rate falls to 5.8% in October – ING FX Street 4 years Analysts at TD Securities explain that the US October jobs report was solid with fewer apparent hurricane distortions than anticipated. Key Quotes "A surprisingly strong headline payroll print of 250K led the way, along with a steady unemployment rate at 3.7% and on-consensus annual wage growth of 3.1%. All of which keeps the Fed on track for another hike in December, and to likely tighten slightly above neutral over time." "FX: The data offers a boost to the USD, though we think markets will be cautious to push this narrative with positioning stretched and event risk related to the US… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
