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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.