Pound Climbs As UK Jobless Rate Remains At 43-year Low
2018年6月12日 - 03:18PM
RTTF2
The pound strengthened against its major counterparts in the
European session on Tuesday, after a data showed that the UK
unemployment rate remained unchanged at the lowest level since
1975.
Data from the Office for National Statistics showed that the ILO
jobless rate remained at 4.2 percent in the three months ended
April, but down from 4.6 percent a year ago. This was the joint
lowest since 1975.
There were 1.42 million unemployed people, 38,000 fewer than for
November 2017 to January 2018 and 115,000 fewer than for a year
earlier.
At the same time, the employment rate was 75.6 percent, higher
than for a year earlier and the joint highest since comparable
records began in 1971.
Investors cheered the news that U.S. President Donald Trump and
North Korean Leader Kim Jong Un had signed a deal that commits to
work towards "the complete denuclearization of the Korean
peninsula."
Investors awaited monetary policy announcements from three major
central banks due this week.
The Federal Reserve is widely expected to raise interest rates
by 25 basis points when it meets Tuesday and Wednesday.
The European Central Bank has already indicated that its
upcoming meeting on Thursday will be used to discuss ending its
bond purchasing program.
The pound showed mixed trading against its major rivals in the
Asian session. While it rose against the yen and the franc, it fell
against the greenback. Against the euro, it held steady.
The pound bounced off to 0.8793 against the euro, from a low of
0.8819 seen at 3:15 am ET. If the pound rises further, 0.87 is
likely seen as its next resistance level.
Survey data from the Centre for European Economic Research or
ZEW showed that German investor confidence declined
more-than-expected in June to its lowest level in over
five-and-a-half years.
The ZEW Indicator of Economic Sentiment for Germany shed 7.9
points in June to stand at minus 16.1 points, the Mannheim-based
think tank said. Economists had expected a score of -14.
The pound was trading higher at 147.61 against the yen,
reversing from a low of 147.11 hit at 5:30 pm ET. Next key
resistance for the pound is likely seen around the 149.00
level.
Data from the Ministry of Economy, Trade and Industry showed
that Japan's tertiary activity index increased in April after
falling in the previous month.
The tertiary activity index climbed 1.4 percent month-over-month
in April, reversing a 0.3 percent decrease in March.
The U.K. currency appreciated to 1.3210 against the Swiss franc,
after having fallen to a 4-day low of 1.3168 at 3:05 am ET. The
pound is poised to challenge resistance around the 1.34 level.
The pound reached as high as 1.3418 against the greenback, up
from a weekly low of 1.3342 set at 2:15 am ET. The next likely
resistance for the pound is seen around the 1.36 level.
Looking ahead, U.S. CPI and monthly budget statement for May are
scheduled for release in the New York session.
Euro vs NZD (FX:EURNZD)
FXチャート
から 2 2024 まで 3 2024
Euro vs NZD (FX:EURNZD)
FXチャート
から 3 2023 まで 3 2024