Opportunities Week and Non-Farm Payrolls...

While the Swiss National Bank (SNB), which leads the interest rate cuts in developed countries, is expected to signal whether it will continue to cut interest rates at its press conference this week (Wednesday, October 30), volatility continues to rise in the USDCHF parity. Expectations for non-farm payrolls (111K - Friday, November 1) and ADP (101K - Wednesday, October 30) are expected to be lower than the previous data, while the dollar index continues to price upwards. The Japanese yen maintains the uncertainty in its pricing based on the BoJ's interest rate decision (Thursday, October 31). While no change is expected in the US Unemployment data (Friday, November 1), the positive outlook continues in the indices.