Pound Rises Vs Most Majors Ahead Of U.K. Unemployment Data
17 April 2015 - 10:25AM
RTTF2
At 4:30 am ET Friday, the Office for National Statistics is
slated to release U.K. labor market statistics. The ILO jobless
rate is forecast to fall to 5.6 percent in three months to
February. The number of people claiming jobseekers' allowances is
forecast to fall 29,500 in March.
Ahead of the data, the Pound showed mixed trading against its
major rivals. While the Pound rose against the U.S. dollar, the Yen
and the Swiss franc, it held steady against the Euro.
As of 4:25 am ET, the Pound was trading at 0.7210 against the
Euro, 1.4296 against the Swiss franc, 1.4967 against the U.S.
dollar and 177.92 against the Yen.
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