A heavy week of economic data releases promises a lot of action across markets. Non-Farm Payrolls will be finally released, following delays due to the extended Government shutdown, along with the US CPI inflation number. Key Central Banks will also make interest rate decisions, including the Bank of England, the ECB and the bank of Japan. The US Dollar remained steady, with the EUR trading 1.1750, while the GBP bounced back above 1.3350.
The important Tankan report was released yesterday, showing Japanese large Manufacturers, are enjoying the strongest reading in four years. Commodity currencies drifted, with the NZD dipping below 0.5800, while the AUD slipped under 0.6650.
