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Non-Farm Employment Change in the US, Manufacturing PMI in the UK and much more. Let’s see what awaits us today.

In the US, Non-Farm Employment Change, number of employed people during the previous month, excluding the farming industry is about to reduce by 1K. Leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Later in the US, Unemployment Rate, unemployed and actively seeking employment during the previous month; is about to remain 8.9%.

Later on in the US, The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions, indicates industry expansion with 61.2 points.

More in the US, Federal Reserve Bank of Philadelphia President Charles Plosser, due to speak about the economy and monetary policy at the Regional Chamber of Commerce, in Harrisburg. Audience questions expected.

Finally in the US, Average Hourly Earnings, price businesses pay for labor, excluding the farming industry; is about to rise by 0.2%.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, Unemployment Rate, unemployed and actively seeking employment during the previous month is due to be 9.9%.

For more on the Euro, read the  EUR/USD forecast.

In Great Britain, Manufacturing Purchasing Managers’ Index (PMI), Survey of about 600 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories, indicates industry expansion with 60.8 points.

Read more about the Pound in the  GBP/USD forecast.

In Switzerland, Retail Sales excluding automobiles and gas stations, is about to rise by 1.8%. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

More in Switzerland, Schweizerischer Verband fur Materialwirtschaft und Einkauf (SVME), Purchasing Managers’ Index (PMI); Survey of about 200 purchasing managers to rate the relative level of business conditions. Indicates industry expansion with 62.2 points.

In Australia, Commodity Prices, selling price of exported commodities is about to be 48.8%. It’s a leading indicator of the nation’s trade balance with other countries because rising commodity prices boost export income.

For more on the Aussie, read the  AUD/USD forecast.

In New Zealand,

In Japan,

That’s it for today. Happy forex trading!!