Forex Today: US Dollar shows its strength, RBA to keep rates unchanged

The key event in the Asian session will be the Reserve Bank of Australia meeting. Later in the day, Switzerland will report consumer inflation, and in

Here is what you need to know on Tuesday, October 3:

The US 10-year yield reached 4.70% for the first time since 2007. US data came in above expectations, with the ISM Manufacturing PMI at 49, surpassing the market consensus of 47.7. On Tuesday, the JOLTS Job Openings report is due. Later in the week, more US employment data will be released with the ADP report and the Nonfarm Payrolls.Manufacturing activity contracted at the slowest pace in nearly a year according to the September ISM.

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