Post Tagged with: "Claimant Count Charge"
British Employment Continues Improving
Claimant Count Change, which shows the number of people claiming unemployment benefits in Britian, dropped by 30,900 people. This is the fourth month in a row that such an improvement in employment is seen. Also the unemployment rate fell. GBP/USD is on the rise. Early expectations stood on a drop of about 23,000 people, and
Excellent Employment Figures – Not Necessarily Pound Friendly
For a second month in a row, British employment figures were superb – Claimant Count Charge showed that 32,900 got back to work, and also last month’s figure was upgraded. While this is normally good news for the currency, the delicate timing could turn it into a burden. Here’s why. Also yesterday’s inflation figures came
GBP/USD Breaks Up Towards Big Barrier
The British Pound enjoyed the mild FOMC Statement in the US to break above a minor resistance line and approach a much bigger one. Events ahead will probably stop it. Update. GBP/USD broke last week’s high of 1.5220 and is now trading above 1.5250. This is the highest level in two and a half weeks,