OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes.
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The US dollar is higher across the board versus major pairs.
The release of private payrolls at 230,000 jobs in September beat the market forecast of 185,000 positions.
The news gave a boost to the greenback ahead of the release of the government figures on Friday.
The U.S. non farm payrolls report is expected to show a gain of 190,000 jobs.
The U.S. Federal Reserve raised interest rates last week and strong fundamental data is putting the odds of a December rate hike at 76.6 percent as per the CME’s FedWatch tool.
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Latest posts by Alfonso Esparza (see all)
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