In the European session, we don’t have anything on the agenda other than a couple of ECB speakers who are going to repeat the same things anyway.

In the American session, we have the US ADP and the Canadian Manufacturing PMI. The US ADP is expected at 95K vs 37K prior but it’s unlikely to change anything for the market as we have the US NFP tomorrow, which is what the Fed focuses on.

To sum up, it’s probably going to be the usual boring Wednesday with rangebound price action as we await the NFP release.

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