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Waiting for the labour report in the UK

17 August 2021 362
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Today is the publication day for the unemployment rate and the number of jobless claims in the UK. 

What actual values can be used as signposts for further dynamics of the British Pound?

The Pound will get an impulse towards strengthening if the unemployment rate happens to be below 4.7% and the number of jobless claims is down by 120K.

The Pound may depreciate if the unemployment rate is above 4.8% and the number of jobless claims is down by less than 100K. 


This content is for informational purposes only and is not intended to be investing advice.

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