Forex Trading News: GBP Claimant Count Change Released
Posted by Mr. Danish FX on Wed, 05/14/2008 - 4:32am in
The Claimant Count Change comes out at 7.2K from the previous -1.2K. 0.1K was forecast.
The UK Average Earnings Index comes out at 4.0% from the previous 3.7%. 3.7% was forecast for this release too.
The Unemployment Rate comes out at 5.2% from the previous 5.2%. No change was expected.
The GBP took only a decent drop after this data even thought the Claimant Count was significantly higher than forecast. Watch for 5:30 AMs BOE Inflation Report which can move the GBP a great deal.

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