The busy week comes to a climax with the monthly circus around the Non-Farm Payrolls. A gain in jobs is expected in this major release. And there’s more on the menu. Let’s see what’s awaiting us: Australia left the interest rate unchanged at 3.75%, disappointing the markets. The RBA Monetary Policy Statement will give a further explanation to this decision at the start of the day. Japanese Leading Indicators will give a general glimpse of the economy. The Yen is enjoying some risk aversive trading. Britain’s PPI Input is predicted to rise by 0.7%, after a small rise of 0.1% last month. A bigger rise will force policymakers to rethink their policy. The accompanying figure, PPI Output, is predicted to rise by 0.3%. For more on GBP/USD, which is heading down, read the British Pound forecast. In the Eurozone, also suffering from trouble, German Industrial Production are predicted to rise by 0.6%, but it might be lower after yesterday’s German factory orders were disappointing. Check out the technical levels at the EUR/USD forecast. Moving across the Atlantic, Canadian employment figures are expected to be OK: a rise of 15,200 jobs and an unchanged Unemployment Rate of 8.5%. Canada had a few months of strong movements in jobs, but it seems to stabilize now. Currently, the Canadian dollar is doing well against its American counterpart. For more on USD/CAD, read the Canadian dollar forecast. 90 minutes later, the big event is due. Non-Farm Payrolls are expected to show job gains. For the first time in over two years, the initial fresh read of NFP is predicted to be positive. November saw a rise in jobs, but this positive number was only seen in the revised version. Last month saw a disappointing drop in jobs. Yesterday’s weekly Employment Claims disappointed with a rise in claims, but the ADP NFP was better than expected. In addition to these regular numbers, we have a revision of figures from April 2008 to March 2009 this time. According to this report, a big downwards revision is predicted. Although this will be negative, the market focuses on fresh data, and I believe that we won’t see a big impact. The American unemployment rate isn’t expected to move from 10%. If the figure return to a single digit, this will sure help the dollar. For more, read my Non-Farm Payrolls preview. That’s it for the day and the week. Happy forex trading! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Superb Canadian Job Figures Save the Loonie Yohay Elam 12 years The busy week comes to a climax with the monthly circus around the Non-Farm Payrolls. A gain in jobs is expected in this major release. And there's more on the menu. Let's see what's awaiting us: Australia left the interest rate unchanged at 3.75%, disappointing the markets. The RBA Monetary Policy Statement will give a further explanation to this decision at the start of the day. Japanese Leading Indicators will give a general glimpse of the economy. The Yen is enjoying some risk aversive trading. Britain's PPI Input is predicted to rise by 0.7%, after a small rise of 0.1%… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.