NFP disappoints: The government shutdown delayed the release of the September NFP. It also suggested to the markets that taper (scale down the pace of quantitative easing) would not be on the table this year. Today (10/22), disappointing a NFP report further confirmed the improbability of tapering anytime soon. 144K jobs were added, missing the forecast of 182K according to forexfactory.com. It should also be noted that the August NFP was revised up from 169K to 193K. Still the most recent data appears to be more important and the one the market is reacting to, by shorting the USD against most majors. Breakouts, NFP ... (full story)