Yes folks it's data highlight of the day time with markets delicately poised after a lively session thus far

Forecasts are:

and here's what Adam had to say about the last release highlighting the need to look behind the headline number

A good reading today should send pairs through key levels that have held so far after the pause for breath in the past couple of hours. A poor release will give USD bulls pause for thought again

Focus will be on USDJPY given its leading role this morning and euro pairs given the focus on Greece still

Currently 122.61, 1.0932, with EURGBP at 0.7094 back to session highs and EURJPY 134.05 also on its daily highs as the euro finds some relief.

GBPUSD still in its 1.5380-1.5430 range so watch for a break-out on a number really outside expectations