Post Tagged with: "Claimant Count Change"
GBP/USD Outlook – June 13-17
The pound had a very bad week, and lost a lot of ground. Will this continue? We have key inflation and employment figures now, among other events. Here’s an outlook for the upcoming events and an updated technical analysis for GBP/USD. An improved trade balance deficit helped the pound only marginally. With no move on
Forex Weekly Outlook –Jun 13-17
US retail sales, Japan’s rate decision, US and UK’s employment data are the highlight this week. Here’s an outlook for the major market-moving events. The Euro-zone is heading for a rate hike in July according to Jean-Cluade Trichet’s phrasing at the press conference last week after using the code words “strong vigilance” hinting this event.
GBP/USD Recovers On Mixed Data
Employment data was mixed, but leans lower – a significant rise in the number of people claiming unemployment benefits was reported in March, 12,400, much higher than expected. On the other hand, the unemployment rate for March unexpectedly dropped to 7.7%. The meeting minutes of the BOE showed no change – there are still 3 members
GBP/USD Outlook for May 16-20
The pound’s hopes were short lived in a very choppy week. The upcoming one promises to be very busy, with employment, inflation and the meeting minutes being the highlights. Here’s an outlook for the 9 events that will rock the pound, and an updated technical analysis for GBP/USD. GBP/USD managed to break higher on a
Forex Weekly Outlook –May 16-20
Ben Bernanke, US FOMC Meeting Minutes, Japan Prelim GDP and US Unemployment Claims are some of the major events this week. Let’s review the important market-movers for the next week. The past week has seen more dollar strength as worries about Greece and fear of contagion to Ireland were quite strong. It seems more likely
GBP/USD Falls on Mixed Employment Data
Claimant Count Change, the fresh employment indicator, has shown a rise of 0.7K in the number of people claiming unemployment benefits in Britain in March. Early expectations stood on a drop of 3.6K. On the other hand, the unemployment rate for February remained dropped from 8% to 7.8%. It was expected to remain unchanged at
Forex Daily Outlook – April 13 2011
British employment data, European industrial production and US retail sales are the highlights of a very busy day. Let’s see what’s awaiting us today. Later in the US, Beige Book, times per year, 2 weeks before each FOMC meeting and used by the FOMC to help make their next decision on interest rates. Later on
GBP/USD Outlook – April 11-15
The pound only partially enjoyed the greenback’s weakness, making gains but not rallying like other currencies. The upcoming week features key inflation and employment figures, among others. Here’s an outlook for the events that will rock the pound, and an updated technical analysis for GBP/USD. Contrary to the ECB, the BoE was much more dovish,
Weekly Forex Outlook – April 11-15
The dollar was slashed in the past week, losing big time to almost every currency, apart from the yen. Will these major breakouts hold? We have important data in Britain and Germany, a rate decision in Canada and key inflation figures among other major market movers this week. Here’s an outlook for the key events
British Employment Data Mixed – Pound Drifting Lower
The all-important Claimant Count Change indicator, showing the change in the number of people claiming for unemployment benefits, unexpectedly dropped by 10,200 people. These good news pushed GBP/USD slightly higher, but another employment number weighed in the other direction. The Claimant Count Change is for the month of February, which ended just now. This freshness