# Forex Major Currencies Outlook (Oct 2, 2015) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-2-2015/ Language: en Updated: 2015-10-02 Description: Explore Forex Major Currencies Outlook (Oct 2, 2015). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar had a mixed performance in recent trading sessions, as traders are probably squaring off their positions ahead of the US NFP release today. Data from the US came in mostly weaker than expected, with the initial jobless claims report showing a 277K figure and the ISM manufacturing PMI falling from 51.1 to 50.2. The jobs report is expected to show a 201K increase in hiring for September, up from the previous 173K gain. Stronger than expected figures could fuel rate hike expectations for the Fed, possibly resulting to a dollar rally. **EUR** The euro regained a bit of ground in recent trading when data from the euro zone came in mostly in line with expectations. Only the Italian manufacturing PMI missed the mark while the German and French final PMI readings were unchanged. The Spanish unemployment change report is up for release today and a 17.9K increase in joblessness is eyed. **GBP** The pound staged a small rebound yesterday when the UK manufacturing PMI came in line with expectations. The figure fell from 51.6 to 51.5 in September, slightly higher than the projected 51.3 figure. For today, the construction PMI is due and a climb from 57.3 to 57.5 is expected, although traders might want to wait until the release of the services PMI next week. **CHF** The franc was still in a weak spot after Switzerland reported a weaker than expected retail sales figure. Consumer spending fell by 0.3% year-over-year in August instead of showing the projected 0.3% increase. There are no reports due from the Swiss economy today. **JPY** The yen gave up ground to its forex rivals, as data from Japan has been coming in weaker than expected. Earlier today, the country reported an increase in joblessness, as the unemployment rate ticked up from 3.3% to 3.4%. Household spending, on the other hand, came in strong with a 2.9% gain versus the projected 0.4% uptick. There are no other reports lined up from Japan, leaving market sentiment in control of yen price action. **Commodity Currencies (AUD, NZD, CAD)** The comdolls strengthened in recent trading sessions, after Chinese PMI readings came in mostly in line with expectations. Australia reported a 0.4% increase in retail sales as expected, enough to bounce back from the previous 0.1% decline. No other reports are lined up from the comdoll economies today, which suggests that they might take their cues from commodity movements. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-2-2015/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-2-2015/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-2-2015/", "headline": "Forex Major Currencies Outlook (Oct 2, 2015)", "inLanguage": "en", "datePublished": "2015-10-02T06:50:31+00:00", "dateModified": "2015-10-02T06:50:31+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Oct 2, 2015). USDThe US. 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