The post UK jobs report and the weekly ADP figures take centre stage appeared on BitcoinEthereumNews.com. The US Dollar (USD) traded without clear direction on Monday, as hopes grew for a potential deal to end the 40-day federal government shutdown in the coming days. With that in mind, investors are likely to turn their focus back to the US data calendar amid fading expectations for another Fed rate cut in December. Here’s what to watch on Tuesday, November 11: The US Dollar Index (DXY) picked up pace and advanced modestly, revisiting the 99.70 region amid higher US Treasury yields across the curve and rising hopes of an end to the US shutdown. The NFIB Business Optimism Index and the ADP Employment Change Weekly are due. EUR/USD halted its recent recovery, coming under fresh downside pressure and retesting the area below 1.1550. The ZEW Economic Sentiment in Germany and the euro area is due alongside the speech by the ECB’s Lagarde. GBP/USD added to its ongoing rebound, coming closer to the 1.3200 mark despite the Greenback’s humble advance. The BRC Retail Sales Monitor will precede the release of the UK labour market report. USD/JPY climbed to three-day peaks past the 154.00 hurdle following further depreciation of the Japanese Yen, adding to Friday’s positive performance. Next on tap will be the Bank Lending figures followed by Current Account results and the Eco Watchers Survey. AUD/USD rose to four-day tops, revisiting the 0.6540 zone, an area coincident with its provisional 100-day SMA. Next in Oz will be the Westpac Consumer Confidence index along with the NAB Business Confidence index. The price of a barrel of American WTI built on Friday’s advance and surpassed the key $60.00 mark amid steady oversupply concerns and a better tone in the risk complex. Gold flirted with three-week high past the $4,100 mark per troy ounce as traders continued to pencil in further easing… The post UK jobs report and the weekly ADP figures take centre stage appeared on BitcoinEthereumNews.com. The US Dollar (USD) traded without clear direction on Monday, as hopes grew for a potential deal to end the 40-day federal government shutdown in the coming days. With that in mind, investors are likely to turn their focus back to the US data calendar amid fading expectations for another Fed rate cut in December. Here’s what to watch on Tuesday, November 11: The US Dollar Index (DXY) picked up pace and advanced modestly, revisiting the 99.70 region amid higher US Treasury yields across the curve and rising hopes of an end to the US shutdown. The NFIB Business Optimism Index and the ADP Employment Change Weekly are due. EUR/USD halted its recent recovery, coming under fresh downside pressure and retesting the area below 1.1550. The ZEW Economic Sentiment in Germany and the euro area is due alongside the speech by the ECB’s Lagarde. GBP/USD added to its ongoing rebound, coming closer to the 1.3200 mark despite the Greenback’s humble advance. The BRC Retail Sales Monitor will precede the release of the UK labour market report. USD/JPY climbed to three-day peaks past the 154.00 hurdle following further depreciation of the Japanese Yen, adding to Friday’s positive performance. Next on tap will be the Bank Lending figures followed by Current Account results and the Eco Watchers Survey. AUD/USD rose to four-day tops, revisiting the 0.6540 zone, an area coincident with its provisional 100-day SMA. Next in Oz will be the Westpac Consumer Confidence index along with the NAB Business Confidence index. The price of a barrel of American WTI built on Friday’s advance and surpassed the key $60.00 mark amid steady oversupply concerns and a better tone in the risk complex. Gold flirted with three-week high past the $4,100 mark per troy ounce as traders continued to pencil in further easing…