Global economic events have affected major currencies around the globe as investors look to central banks and the employment market to gauge the health of national economies amidst last months talks and predictions regarding the future of easy monetary policy around the globe.

The Bank of England will announce its monthly official bank rate at 12:00 noon GMT, followed by the European Central Bank at 12:45 p.m. GMT. Both currencies gained today, with the euro lingering just below 0.3 percent of its highest level in a month as European official are not expected to cut interest rates, and the British Pound hitting its highest level since 2011 with data showing the construction industry expanding at the fastest pace in six years. As concerns about disinflation have abated since November, the ECB no longer appears under pressure to cut interest rates.

Down Under things turned out differently, and the Australian dollar slid when this morning’s data slowed that the country’s economy grew less than forecast in the third quarter. Australia’s growth slowed its annual pace to 2.3 percent in the three months through September.

In the U.S. reports are expected to show a boost in hiring and services numbers sending the dollar on the rebound against the yen after its greatest fall in almost a month.