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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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Dollar down across the board
FXstreet.com (Buenos Aires) - Dollar fell across the board Thursday, following previous sessions weak outlook, after existing home sales in the U.S. dropped a 3% and unemployment claims rose to 640K with the total number of people drawing unemployment benefits surging to the highest level on record. Euro was helped by stronger than expected PMI, reaching an intraday high of 1.3162. By the end of the American session the pair remains close to that zone, while Gbp also rose, reaching
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Euro Mixed Following Euro Zone Unemployment Data, Ahead of G20 Meeting
The euro is mixed on Wednesday ahead of the G20 meeting in London and following a higher-than-expected unemployment rate in the euro zone.The euro zone unemployment rate rose to 8.5% in February, its highest level since May 2006. The consensus was for no change to January's 8.3% level.In an interview on Europe 1 radio, French President Nicolas Sarkozy said no firm agreement has yet been reached at the G20, and that current plans do not suit France
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Trading Ideas - Bank Of England Minutes, Ilo Unemployment Rate - 17th September
Only two events today in the calendar which can shake the forex market:08:30 GMT: Bank of England Minutes. The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the
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December 4 Eur/usd Outlook
13:27 GMT December 4 Through Europe a 1.2555-1.2655 range with much of the action conducted before the BoE/ECB rate decisions. Volatility was generated by another rate verdict with Sweden upping the ante with a 175 bps cut. Imagination was fired up and to be honest we also thought there was some agreement between Riksbank, BoE and ECB to stage a co
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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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October 15th - Ilo Unemployment Rate, Fed's Beige Book, Fed's Bernanke Speech
Hello,today in our economic calendar we have a lot of events for GBP and USD.06:00 GMT: Consumer Price Index. The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflatio
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November 7th - Nonfarm Payrolls, Unemployment Rate, Average Weekly Hours, Average Hourly Earnings
Many events today in the forex calendar07:00 GMT: Trade Balance. The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR.
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European Mid Morning Update 29th May 2008
Big day for European confidence numbers…Releases from Europe: Q1 Forecast ActualSwiss Employment Level (Q1) 2.6% 2.8%Swiss Employment Level (Q1) 3.894mn 3.90mnAprilGerman Unemployment Rate 7.8% 7.9%German Unemployment Change - 25K +4KMayU.K. Nationwide House Prices (MoM) - 0.5% - 2.5%U.K. Nation
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