Societé Generale - "With all due respect to industrial production data in Sweden and Germany, and to Swiss CPI, the focus is on US payrolls. ADP and the weekly claims figures point to an above-consensus gain. And the ISM employment indices suggest the data could be excellent. SG's forecast is at the top end of the range. This should be dollar supportive. I'm going high in the office sweep and I hope to persuade everyone else that possibility of good data has bene over-hyped, and the smart…

UBS - "Yen weakness remains the dominant theme of FX markets as the BoJ is pressed to deliver, but the Fed should grab the limelight next week as the FOMC meets for the first time this year. With 2013 getting off to a strong start, markets will be sensitive to any hints of a policy shift which may bring forward the normalization schedule. The RBNZ is expected to leave rates unchanged. On the data front, payrolls and manufacturing ISM and Q4 GDP feature in the US. In Europe final PMIs are…

ING  Bank - "The US labour report for November shows employment rising 146,000 on the month, better than the 85,000 consensus, but there were a net 49,000 downward revisions to previous data. There was also good news in that the unemployment rate fell to 7.7% from 7.9% where-as the consensus was looking for that to remain unchanged. However, the reasons behind the fall in the unemployment rate are not as encouraging. This household survey showed employment falling 122,000 with the only…

Deutsche Bank: "In terms of the day ahead, we also have BoE policy meeting today. The market is expecting no changes to interest rate and its asset purchases program. Prior to that, we will get the preliminary Eurozone Q2 GDP, French unemployment and German factory orders data. Spain's bond auction across 2014, 2015, 2016 maturities ahead of the ECB meeting will also be interesting. Spanish PM Rajoy will also host Merkel in Madrid today with a joint press conference…

The Institute for Supply Management (ISM) conducts a monthy survey of purchasing and supply executives at a sampling of service-providing firms across the United States. The results of their March survey are due for release on hump day at 10:00 am New York time (14:00 GMT).

The mood of the currency market could very well be dictated today by results from the latest ADP employment report and/or comments by ECB president Mario Draghi…

The Institute for Supply Management (ISM) has been publishing the results of its surveys of US purchasing and supply executives for most of the past 80 years. Results from its March survey of the US manufacturing sector are due for release on Monday, 2 April at 10:00am New York time (14:00 GMT).

The EUR/USD currency pair has moved 150 pips from its pre-release price in two hours following two of the past twelve ISM manufacturing reports. However, such post-ISM moves have increasing…