14/5/2008 - the current market sentiment |
|
The British pound was under accumulated pressure from a weak jobs data as the UK jobless claimant has increased this month too by 7.2k and the dovish BOE quarterly inflation report which indicated that the Bank is capped from further cutting in June as the current high inflation rates. The UK April PPI output was 7.5% and also the core UK PPI figure increased by 4.5% y/y and 1% m/m above the market expectations of 3.2% y/y/ and .3% m/m and yesterday release of April UK RPI has shown a rise by
Filed under: Technical
Latest Posts
- The Daily Forecaster
- USD/JPY Daily Outlook
- Eurozone Inflation drops to 26 year low
- EURUSD is in short term downtrend
- Greenback Mixed on Gloomy US Data
- Daily Market Outlook
- The FED Fears The Worst
- New York Session
- Minutes of December 16 FOMC Meeting: Fed on Hold for Extended Period, Ponders about Various Options
- U.S. Forex Market Commentary
- Greenback Slumps on Soft data
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- Daily Forex Signal
- FeedAgg.com | Feed | automated forex
No Comments! Be The First!