USD strengthens against most majors, with the exception of the pound. The US currency is supported by the positive statistics on labor market in the US. Nonfarm Payrolls index grew to 250K in October from 118K a month earlier. Average Hourly Earnings rose to 3.1% YoY in October from 2.8% a month earlier, and MoM the indicator declined to 0.2% in October from 0.3% a month earlier. Unemployment Rate remained unchanged at the level of 3.7% in October. Macroeconomic releases that could influence the instrument today include the ISM Non-Manufacturing PMI. The indicator is expected to fall to 59.3 points in October from 61.6 points a month earlier. If the forecast proves right, the pair will fall under pressure.


At the backdrop of the weak statistics on the EU's Manufacturing PMI and due to the positive data from the US, the pair EUR/USD went down to 1.1383. Today, there are no significant releases in the macroeconomic calendar of the eurozone, so the movement of the instrument will be influenced by the news from the US.


The pair GBP/USD returned to 1.3000 during the Asian session, having almost completely won Friday's losses back. Today, investors expect the publication of Services PMI for October in the UK. The indicator is expected to fall to 53.3 points in October from 53.9 points a month earlier. If the forecast proves right, the pound may fall under pressure.


The USD/JPY pair today rose to 113.28 during the Asian session. During a speech last night, the head of the Bank of Japan, Haruhiko Kuroda, spoke in favor of continuing to ease monetary policy. Investors reacted to this news with the sales of JPY.


Quotes of the pair AUD/USD decreased to 0.7189 on the background of USD strengthening. Due to the absence of macroeconomic releases in Australia, the movement of the pair's exchange rate will be affected by the US statistics.


Quotes of gold rose to the level of 1234.35.

Morning Market Review

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