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UK Unemployment Rate steadies at 4.9% in May vs. 5.0% expected
The United Kingdom’s (UK) ILO Unemployment Rate remained steady at 4.9% in the three months to May after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in below the market consensus of 5.0%.
Switzerland Trade Balance fell from previous 6110M to 5224M in June
Switzerland Trade Balance fell from previous 6110M to 5224M in June
United Kingdom Employment Change (3M): 147K (May) vs 100K
United Kingdom Employment Change (3M): 147K (May) vs 100K
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in May: Actual (4.9%)
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in May: Actual (4.9%)
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) meets expectations (3.4%) in May
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) meets expectations (3.4%) in May
United Kingdom Average Earnings Including Bonus (3Mo/Yr) registered at 4.3%, below expectations (4.5%) in May
United Kingdom Average Earnings Including Bonus (3Mo/Yr) registered at 4.3%, below expectations (4.5%) in May
United Kingdom Claimant Count Change registered at 6.7K, below expectations (28.3K) in June
United Kingdom Claimant Count Change registered at 6.7K, below expectations (28.3K) in June
EUR/JPY Price Forecast: Holds gains above 185.50 near nine-day EMA support
EUR/JPY edges higher after three days of losses, trading around 185.50 during the Asian hours on Tuesday. The currency cross is holding above both the nine-day and 50-day Exponential Moving Averages (EMAs), which reinforces a mildly bullish near-term bias.
USD/CAD Price Forecast: Intraday positive move stalls ahead of 1.4100 confluence hurdle
The USD/CAD pair attracts buyers for the second straight day on Tuesday and recovers further from its lowest level since June 17, around the 1.4000 psychological mark touched the previous day.
Indonesian Rupiah gains support amid financial hub plans, geopolitical tensions ease
USD/IDR continues its losing streak for the sixth successive day, trading around 17,940 during the Asian hours on Tuesday.
AUD/JPY Price Forecast: Gains ground above 113.50, bullish trend holds above 100-day SMA
The AUD/JPY cross trades in positive territory around 113.85 during the early European session on Tuesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) due to the interest rate differential between the Reserve Bank of Australia (RBA) and the Bank of Japan (BoJ).
EUR/USD Price Forecast: Bears retain control below 200-SMA on H4; break of 1.1400 awaited
The EUR/USD pair is seen consolidating during the Asian session on Tuesday and trading just above the 1.1400 mark, or a four-day low touched the previous day.
Japanese Yen consolidates against US Dollar amid uncertainty over future of Middle East
The Japanese Yen (JPY) trades flat against the US Dollar (USD) at around 162.50 during the Asian trading session on Tuesday, closer to its multi-decade high of 162.84.