Currency Forecasts

Category: UK Jobs data

UK employment data helps the Pound

UK Jobs data sends Pound up

This morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…

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UK Jobs data keeps Sterling/Euro near 8 year high

Sterling/Euro rates continue to perform very well indeed, and are only just below the best they have been in 8 years. As you can see from the chart below, the rate remains supported above the €1.40 mark, and were given…

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Pound goes up vs Euro due to Greek debt

16th June 2011Good morning. Sterling fell against all currencies except the Euro yesterday, after poor jobs data and slow wage growth added to the view interest rates are going nowhere in the near term. The Euro however weakened significantly on…

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