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Pound Mixed Ahead Of U.K. Jobs Data
(RTTNews) - At 2:00 am ET Tuesday, the Office for National Statistics releases U.K. labor market data. The jobless rate is forecast to rise to 4.0 percent in April, from 3.9 percent in the preceding period.
Ahead of the data, the pound showed mixed trading against its major rivals. While the pound rose against the U.S. dollar and the yen, it fell against the euro and the Swiss franc.
As of 1:55 am ET, the pound was trading at 0.8610 against the euro, 1.1356 against the Swiss franc, 1.2538 against the U.S. dollar and 174.79 against the yen.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Wednesday.
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