Tension comes to a climax today with the Non-Farm Payrolls. Are we finally going to witness a rise in jobs? It’s not the only event for today. Let’s review the events: Japan’s Leading Indicators are predicted to rise once again. Swiss Unemployment Rate is expected to tick up to 4.2% after a similar rise to 4.1% last month. EUR/USD is still in a range. German and French Trade Balance reports start the events in Europe. Later, more important figures are released: the All-European Unemployment Rate is predicted to edge up to 9.9%. A rise to 10% will hurt the Euro, as this psychological level will be echoed strongly in the media. Later, German Industrial Production is predicted to turn positive and rise by 1.1%, following a disappointing drop of 1.8% last month. German Factory Orders disappointed yesterday. Third quarter GDP is expected to be confirmed at a 0.4% growth rate. For more on the Euro/Dollar, read the EUR/USD forecast. In Britain, PPI Input is expected to drop by 0.2%. PPI Output is predicted to rise by 0.2%. The Pound shrugged off yesterday’s rate decision, that turned into a non-event. GBP/USD is trading lower this week, but didn’t breach the most important barriers. Not yet. Read more about cable in the British Pound forecast. Moving to the other side of the Atlantic, Canadian employment figures are expected to be good, though not as strong as last month’s superb numbers. Canadian Employment Change is predicted to rise by 20,000 jobs. The Unemployment Rate is expected to remain unchanged at 8.5%. For a technical look into USD/CAD, read the Canadian dollar forecast. The king of forex Non-Farm Payrolls are expected to drop by 3,000 jobs. This small number is the latest official prediction. Some economists expect to see growth in jobs, for the first time in two years. A positive number will boost the dollar. A negative number will send the dollar bulls downhill. The accompanying figure, Unemployment Rate, is expected to edge back up to 10.1%. After dropping to 10% last month, it could also drop below 10%. After the rise above 10% was worrying two months ago, a drop to a single digit figure will also boost the dollar. Also note the Average Hourly Earnings which are expected to drop by 0.2% after a rise of 0.3% last month. Later, the new FOMC member, Eric Rosengren will make a public appearance. When the markets are about to close, American Consumer Credit is released. All these events will be overshadowed by the NFP. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. 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 Other Forex Stuff share Read Next EUR/USD Badly Positioned for the NFP Yohay Elam 12 years Tension comes to a climax today with the Non-Farm Payrolls. Are we finally going to witness a rise in jobs? It's not the only event for today. Let's review the events: Japan's Leading Indicators are predicted to rise once again. Swiss Unemployment Rate is expected to tick up to 4.2% after a similar rise to 4.1% last month. EUR/USD is still in a range. German and French Trade Balance reports start the events in Europe. Later, more important figures are released: the All-European Unemployment Rate is predicted to edge up to 9.9%. A rise to 10% will hurt the Euro,… Top 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.