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Revised GDP in the UK and Ifo Business Climate in Europe are the major market-movers. Let see what awaits us today.

In Canada, Corporate Profits is due to stay -4.9% similar to the last quarter.

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

In Europe, German Information and Forschung (Ifo) Business Climat, measures the monthly change in business conditions, is about to decrease from 106.4 points on October down to 105.3 now. And the Belgium National Bank of Belgium (NBB) Business Climate shows similar reduces from -10.4 down to -11.3.

Later in Europe, German Final Gross Domestic Product (GDP), is due to remain 0.5% similar to the last quarter.

For more on the Euro, read the  Euro to dollar forecast.

In Great Britain, Revised Gross Domestic Product (GDP), value of all goods and services on the economical level, abut to remain 0.5% like on the last time.

More in Great Britain, Prelim Business Investment, value the capital that is invested by businesses government, about to remain 11.6% points.

Later in Great Britain, Confederation of British Industry (CBI), Industrial Order Expectations, monthly manufacturer’s survey to rate the order capacity expected over the next 3 months, is about to additional decrease by 1 point down to -19 points.

Finally in Great Britain, Index of Services, reduce is expected down to 0.3% this month.

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

In Switzerland, Employment Level, value the employed people on the past quarter, about to remain 2.77M like on the last time.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, Glenn Stevens Reserve Bank of Australia (RBA), Governor is about to deliver a speech in Sydney.

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

In Japan, Core Consumer Price Index (CPI), consumer’s prices for goods and services, is about expected to reduce down to -0.1% from 0.2% on the last month, while on the Tokyo Core CPI rise is expected from -0.4% to -0.3%.

More in Japan, Corporate Services Price Index (CSPI) is expected to rise by 0.1% from the last month.

Read more about the yen in the USD/JPY forecast.

That’s it for today.

Happy forex trading!

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