EUR/USD (a 4-hour chart)
According to the Labor Department, the number of new jobs in the United States in non-agricultural sectors of the economy grew by only 148 thousand in September while the forecast was 180 thousand. The unemployment rate fell to 7.2%, with forecasts unchanged from the August figure of 7.3%. Despite the revision of job growth in August with an increase the general review of two months was only nine thousand jobs from 169 thousand to 193 thousand. Average hourly earnings in the past month also grew slower than expected, by 0.1% - while the growth was projected by 0.2%.
The U.S. unemployment rate in September was lower than expected, but the number of new jobs outside of agriculture grew weaker than it was waited. Published data were a continuation of the trend of the last three months, with the unemployment rate declining - but the number of new jobs is lower than the predicted values. Unemployment rate decrease is a consequence of the strong growth in the number of jobs in the first half of the year, and it also reflects the retirement of the workforce.
Euro updated the annual maximum to the dollar on Tuesday and reached its highest level in nearly two years. The Swiss franc rose to a 19-month high against the dollar and the pound rose almost to 3 weeks.
Reducing the budget deficit the UK in September exceeded expectations due to higher tax revenues. In September, the volume of public sector net borrowing serving as an indicator of the budget deficit was 11.1 billion pounds, up from 12.1 billion pounds in the same period a year earlier. Economic data confirm the recovery of the UK economy. The trade surplus in Switzerland was more than expected in September, and reached 2.5 billion Swiss francs, compared with an expected surplus of 2 billion Swiss francs.