A rise in US treasury yields prompted the dollar to strengthen against most currencies yesterday ahead of the non-farm payrolls report on Friday.
All eyes will be on the report, as it may give an indication of how quickly the Federal Reserve will begin tapering its huge monetary policy programme. It will also reveal how the economy performed in September.
Today, ADP employment change figures will be released, which could signal how Friday’s report fares. Federal Reserve official, Raphael Bostic, will also speak.
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