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Day of days as US finally raises its interest rate

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 17, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Data out from the UK yesterday included comprehensive unemployment data, amongst which was news of a drop to 5.2% in unemployment levels, the lowest number we’ve seen since the start of 2006. The flipside of this was a drop in wages to just 2% which is 0.5% less than last year. Following news that the Fed increased the US interest rate, pressure will now be on Mark Carney of the BoE to do the same – for the time being, though, things are likely to stay “low for long”. Data from the UK today

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