⚠️ At 13:30 GMT today, the US will release data on the state of its labor market. Forecasts suggest an increase of 180 thousand jobs last month, compared to 150 thousand in October.

📊 Last week, initial unemployment benefit applications in the US totaled 220 thousand, a slight increase from 219 thousand two weeks earlier.

📣 The Bank of Japan's head, Ueda, stated that the regulator is exploring options to normalize monetary policy and move away from negative interest rates. This led to a notable strengthening of the yen and a decline in the USD/JPY pair to 141.64.

🇯🇵 Japan's gross domestic product contracted by 0.7% in Q3, with an annual drop of 2.9%.

🇪🇺 The eurozone's gross domestic product saw a 0.1% decrease in Q3, while the annual economic performance remained stagnant. #EconomicIndicators #USDJPY #GDP #LaborMarket #FreshForex

GBPUSD: Awaiting GDP Data
GBPUSD holds above 1.2500. Upside capped by weak UK inflation data.

Investors eye Q4 UK GDP data (forecast: +0.1%).

BoE Governor Bailey says inflation to fall to target level by spring.

Trade recommendation:

Buy orders anticipating further rise.
#GBPUSD #Pound #Dollar #BoE #Bailey #GDP #Forex #Analysis