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Forex: GBPUSD drops to 1.4520 after UK unemployment and PSNB data

FXstreet.com (Barcelona) ? UK Unemployment has risen to the highest level in 12 years in march, and Public sector net borrowing reached an all time high on the same month; the Sterling dipped further after data was released.Jobless claims rose by 73,700 in the UK in March, with the ILO unemployment rate reaching 6.7%, although, expected, this is the 13th consecutive increase in unemployment figures and the total amount of claims, 1.46 million Is the highest in the last 12

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Forex: GBP/USD breaks 1.5900 and reaches 1.5945,fresh 6-month high

FXstreet.com (Barcelona) - After dropping on profit-taking from 1.5899 to intra-day low at 1.5755, Cable has risen around 200 pips from this level to break above 1.5800 and reach 1.5945, new 6-month high. Currently the pair is trading around 1.5910/20, 0.15% above today's opening price action.According to Anna Coulling, analyst at Master The Markets, bad news on UK economy couldn't affect the Sterling recovery: Not even the Standard and Poor comments about the UK's Triple AAA credit status nor the

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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U.s. Unemployment At All Time Highs.

In the news : January 30, 2009: Today the U.S. markets were driven lower due to the bad numbers released this morning; continuing unemployment claims and the slumping sales of new homes. It was forecast for unemployment claims to change to 580k, but actual came in at 588k. New homes sales data indicated the bottom in the real estate market is no

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Trading Ideas - Unemployment Rate, Gross Domestic Product, Gfk Consumer Confidence - August 28th

Hello,today we have some events in our economic calendar which can affect the price of EUR, USD and JPY.07:55 GMT: Unemployment rate in Germany. The Unemployment Rate released by the Bundesagentur für Arbeit shows , in a percent basis, the amount of unemployed people in Germany. A decrease in this indicator has positive implications for consumer sp

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