Cable extends gains as UK jobless rate fall

Source: Investing.com
© ScanPix/AFP
The Sterling advanced versus the US Dollar on Wednesday after the data from the UK showed that wages rose less than was initially anticipated, but the unemployment rate dropped further to the lowest level since 2008. The Cable dropped to $1.5283 right after the data release, however it managed to recover back above the $1.53 level to a new session high at $1.5367 by 09:04 AM GMT. The official report revealed that unemployment rate in the UK improved from 5.5% to 5.4% in August. 
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.