The U.S. jobs data showed solid numbers in October, despite falling below expectations, as monthly employment report showed the U.S. economy created 161K new jobs, compared to consensus of 175K.
Average hourly earnings came better than expected in October along with unemployment rate that ticked lower, meeting forecast at 4.9%, showed good numbers overall that could fuel hopes for rate hike in December. Federal Reserve considers the creation of 150K and above as solid reading, as Atlanta Fed President Lockhart described jobs report as quite satisfactory.

Fed Rate Monitor Tolls showed increased odds of rate hike in December that jumped to 71.5% after release of data, compared to 66.8% prior to the report.
The US dollar was generally lower after jobs data, as numbers in October missed the forecast, but were solid overall, maintaining larger negative sentiment on uncertainty ahead of U.S. election.

The dollar index fell to session low at 97.09, remaining in red on Friday, but still holding ticks above Thursday’s low at 97.06.

Euro and Sterling are among top winners after the data, as the single currency fully recovered today’s losses that bottomed at 1.1078, on recovery rally above 1.1100 barrier.

Sterling surged above 1.2500 barrier, reinforced by falling daily Kijun-sen line, signaling further extension of Thursday’s strong rally.
The dollar firmed against yen after U.S. jobs data release, extending bounce from fresh low of past three-day steep fall, but recovery remains capped under strong resistance at 103.50 for now.

Gold ticked higher after release of U.S. data, but remains under fresh high at $1307 for now. The yellow metal maintains firm bullish sentiment on political uncertainty ahead of U.S. election that prompted investors out from riskier assets. Near-term action is congested within narrow range that could be seen as a breather ahead of next key event, U.S. presidential election on Tuesday.

US crude oil remains in red for the sixth straight day and posted new low at $43.56, on probe below strong technical support at $44.29, and approaching key short-term support at $43.05.

European stocks were deeply in red on Friday, with FTSE 100 being the top loser, down 1.17%, DAX was 0.7% down and CAC40 slipped 0.95%.
Wall Street opened flat on Friday, as investors are awaiting election, but picked up pace in early hours of trading.

Dow Jones moved up 0.13%; Nasdaq gained 0.26%, while S&P 500 was up 0.29% in early Friday’s hours., Market Analysis