The EUR/GBP pair discovers buying interest rates after correcting to near the round-level support of 0.8700 in the European session. The cross recover
EUR/GBP finds buyers’ interest near 0.8700 amid hawkish BoE bets fade. The UK labor force is seen squeezing for the second time in a row. Eurozone preliminary Consumer Confidence is seen declining to -18.3 against the former reading of -17.8. s swiftly as investors hope that the Bank of England will keep interest rates unchanged at 5.25% for the second time in a row. The UK factory data remained weak in September as firms cut heavily on laborforce and inventory due to a weak demand outlook.
A slowdown in the labor demand would also allow BoE policymakers to remain neutral on the interest rates. The Unemployment Rate in the quarter to August is seen unchanged at 4.3%. The Claimant Count Change in September is seen rising by 2.3K against an increase of 0.7K in August. On the Eurozone front, investors await the preliminary Consumer Confidence data for October, which will be published at 14:00 GMT. The economic data is seen declining to -18.3 against the former reading of -17.8.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Pound Sterling trades directionless ahead of UK employment dataThe Pound Sterling (GBP) struggles to find a direction as investors await for UK Employment data, which will be published on Tuesday. The GBP/USD pair
Baca lebih lajut »
GBP/USD hovers above 1.2150 major level, focus on UK employment, PMI dataGBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a h
Baca lebih lajut »
Euro Weekly Forecast: EUR/USD, EUR/GBP Await ECB. Breakout or Breakdown Ahead?This article offers a detailed analysis of EUR/USD and EUR/GBP, considering both fundamental and technical viewpoints ahead of the ECB decision. It also examines important price levels that may come into play next week.
Baca lebih lajut »
Mom desperate for work after losing life savings to an employment scamScammers are using the promise of a new job to prey on victims.
Baca lebih lajut »
As Texas’ third special session nears halfway point, bill banning COVID-19 mandates for private employers moves forwardSenate Bill 7 bans private employers from having mandates that require someone to have the COVID-19 vaccine as a condition of their employment or position.
Baca lebih lajut »