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European Market Update: UK Jobless Data Beats Expectations But Seen As A Lagging Indicator...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Recent hawkish Fed speak helps USD stabilize. Fed members Dudley and Lockhart both keep September rate hike on the table. Better UK Jobless data helped the GBP currency recover from its initial losses in the session. The post Brexit data helped the GBP/USD rebound to approach the 1.3050 area but[​IMG]

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