U.S. non-farm payrolls are expected to increase by 200,000 positions in November, following a rise of only 12,000 positions in October. This includes U.S. employment data, which could influence the Federal Reserve's future interest rate adjustments.

Analysts forecast that the U.S. unemployment rate will rise slightly to 4.2%, despite the increase in non-farm payrolls. Meanwhile, average hourly earnings are expected to grow by 3.9%, following a 4% increase in the previous month.

However, the Fed maintains that there is no urgent need to cut interest rates, as the economy continues to show solid growth and the labor market remains strong.

Source: Fxstreet