Little change as eyes turn to NFP -Most.......>

FOREX: Little change as eyes turn to NFP

-Most major pairs sit well within recent ranges as macro cues and data this

morning has been largely quiet. UK Manufacturing PMI was a decent beat (49.6 vs.

Exp. 48.2), hitting the highest level since April, but GBP was pretty

unresponsive.

-After a choppy week for the greenback, focus turns to today's NFP report, with

the US expected to have added 85k jobs over October. This whisper number sits

slightly higher, at 99k, but this has been dropping as markets get closer to

release.

-The particularly poor MNI Chicago PMI release yesterday has raised some

concerns about the macro backdrop, which may also be reflected in today's ISM

number.

-Outside of the Nonfarm Payrolls report, Markit PMIs are also due for the US and

Canada and ISM manufacturing numbers for October cross at 1400GMT/1000ET. Fed

members speak for the first time since this week's FOMC rate decision, with

speeches scheduled from Kaplan, Clarida, Quarles, Daly and Williams.