Archived IMT (2009.04.22)
UK unemployment rose by less than exp (+74K vs exp +120K) unemp rate to 4.5% vs exp of 4.6%, while avg earnings ex-bonus during the 3-montsn ending in Feb +0.1% y/y vs exp =1.4%, which the lowest on record. Falling wage growth is in line with prolonged weak price growth. Separately, the BoE minutes noted a sharp rise in unemployment is underway. Cables failure to breach above $1.47 reflects reluctance to get over interim resistance. Negative Intra-day stochastics converge w/ price action. Bids unlikely to emerge before the Budget. $1.4480 target ahead. Aussie weakened across the board after weaker than exp CPI.
What’s a Brexit Deal Worth?
by Adam Button | Oct 16, 2019 19:10
Do not Look at this, if Short GBP
by Ashraf Laidi | Oct 16, 2019 15:19
Earnings & Deal Talks Take Over
by Adam Button | Oct 15, 2019 12:12
ندوة أشرف العايدي مع أوربكس مساء الثلاثاء
by Ashraf Laidi | Oct 14, 2019 11:42
GBP Analog, Fractal Realized
by Ashraf Laidi | Oct 11, 2019 17:44