Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD slips after UK unemployment rate rises
The latest UK monthly jobs report has just been released and it has slightly disappointed. The claimant count is slightly higher and payrolls did not rise by as much as expected-20k versus 25k. Wages only rose by 5.6% too, which was 0.2% below consensus. The rise to 3.9% in the unemployment rate has seemingly what has pushed the pound lower after the release. The GBP/USD has has dropped back slightly to test the 1.28 handle after this report. The reader is reminded of the lows seen yesterday, at 1.2795. It remains to be seen if this data is weak enough to force the pound below that level or not. The GBP/USD is currently trading at 1.2803
Market News
All News-
GBP/USD still has eyes on 1.3434
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
-
USD/JPY steady in subdued Asian trading today
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
-
Bitcoin still looking on
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
