Session Recap: USD slightly higher ahead of NFP

FXstreet.com (Córdoba) - Quiet European session and nothing seems to be strong enough to awake the market from its slumber as investors await the US employment report, which was delayed by the federal shutdown.

Expectations are building around a 180K gain versus 169K the previous monthand the unemployment rate unchanged at 7.3%, but many analysts point that a strong number is unlikely to change policymakers' perception of the economy or of the timing of the tapering.

The USD was a touch firmer against the yen but largely unchanged against other majors Tuesday as stocks consolidate. EUR/USD and GBP/USD traded flat around 1.3675 and 1.6135 respectively, while USD/JPY and USD/CHF advanced slightly to 98.30 and 0.9030.

Main Headlines in Europe:

Switzerland: Trade surplus widens more than expected in September

European open: Markets trading like a Non-Farm Friday

UK: PSNB at £9.368B in September

UK government borrowing falls while BoE deputy governor sees signs of recovery gaining traction

Coene assures ECB ready to act if inflation falls further