The Kiwi dollar was sharply down vs its US counterpart (losing 1.1%) in early trading of Wednesday, after the Reserve Bank of New Zealand left interest rates unchanged (in line with expectations) but delivered more dovish comments and forward guidance, which sparked heavy sales of NZ dollar. Fresh drop retraced the most of 0.6049/0.6217 bull-leg […]
UK to release employment report on Tuesday US nonfarm employment payrolls beats forecast and rise to 199,000 The British pound is showing little movement at the start of the week. In Monday’s European session, GBP/USD is trading at 1.2576, up 0.22%. It’s a busy week for UK releases which could translate into volatility from the […]
The post GBP/USD – Pound Edges Higher ahead of UK Job Data appeared first on Action Forex.
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