The dollar is stronger against most currencies this morning, but weaker against the pound and the euro following a disappointing Non-Farm Payrolls report on Friday.
The report revealed that 194,000 jobs were added to the US economy in September, far less than predictions of 500,000 and lower than August’s figure of 366,000. Despite the figure coming in lower than expected, the number doesn’t impact expectations that the Federal Reserve will begin to taper monetary policy next month.
The latest inflation rate data for the US will be released on Wednesday afternoon, followed by FOMC meeting minutes in the afternoon. There will also be speeches from Federal Reserve officials throughout the week.
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