Global macro overview for 10/12/2015:
Another set of employment data from the US will be released today with Initial Jobless Claims at 1:30pm GMT. This will be the last major employment release ahead of the next week's Fed's announcement, so it might provide a valuable information regarding the Fed interest rate decision on December 16. Last weeks, NFP gained a solid 211,000 workers in November holding above the level of 200,000 for the second straight month. It was definitely another good reason for the Fed to support the monetary policy tightening at the next meeting.
The EUR/USD pair rallied yesterday but did not manage to break out above the level of 1.1016. For now the pair is slipping lower and the next support is seen at the level of 1.0940.
