GBP/USD: UK Average Earnings Index

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The British Pound traded sideways against the US Dollar, following the UK Average Earnings Index data release on Tuesday at 8:30 GMT. The GBP/USD exchange currency rate lost 4 pips or 0.03% right after the release. The British Pound continued trading at the 1.3090 level against the US Dollar.

Office for National Statistics released the UK Average Earnings Index data that came out as expected of 3.5%. Note, that the UK Unemployment Rate was released at the same time.

Despite Brexit uncertainty, the British labour market is strong. The UK Unemployment Rate has reached its lowest level since 1975. Wage growth remains at the 10-year maximum, and real wage growth has reached the two-year high. Also, wage growth continues to rise faster than the UK inflation rate.


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Historical Data: UK Average Earnings Index 3m/y
Date13.11.1811.12.1822.01.1919.02.1916.04.19
Actual3.0%3.3%3.4%3.4%3.5%
Forecast3.0%3.0%3.3%3.5%3.5%
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/GBP0.864170.864250.01%
GBP/CAD1.753191.7527-0.03%
GBP/JPY146.51900146.479-0.03%
GBP/USD1.309031.30866-0.03%
Apr 16, 2019 Open Positions
PairLongsShorts
EUR/GBP53.9%46.1%
GBP/CAD47.3%52.7%
GBP/JPY37.6%62.4%
GBP/USD50.3%49.7%
Economic Calendar for Apr 17, 2019
GMTCurrencyEventForecastPrevious
8:30GBPCPI y/y2.0%1.9%
12:30CADCPI m/m0.7%0.7%
12:30CADTrade Balance-3.5B-4.2B
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Actual Topics

Wed, 17 Apr 2019 11:41:36 GMT

GBP/USD: UK CPI

The British Pound depreciated against the US Dollar, following the UK CPI data release on Wednesday at 8:30 GMT. The GBP/USD exchange currency rate lost 13 pips or 0.10% right after the release. The British Pound continued trading at the 1.3040 level against the US Dollar.

Thu, 11 Apr 2019 14:27:09 GMT

EUR/USD: US PPI

The European Common Currency traded sideways against the US Dollar, following the US PPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 6 pips or 0.05% during a minute, right after the release. The Euro continued trading at the 1.1260 level against the US Dollar.

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