UK Unemployment Rate eases to 4.1% in quarter to July, as expected
Source Fxstreet
- The UK Unemployment Rate edged lower to 4.1% in three months to July.
- The Claimant Count Change for Britain came in at 23.7K in August.
- GBP/USD picks up fresh bids toward 1.3100 after mixed UK employment data.
The United Kingdom’s (UK) ILO Unemployment Rate eased to 4.1% in the three months to July, following June’s 4.2% print, the data published by the Office for National Statistics (ONS) showed on Tuesday. Markets expected a reading of 4.1% in the reported period.
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Gold Price Forecast: XAU/USD falls below $5,050 as traders await US jobs data Gold price (XAU/USD) attracts some sellers near $5,035 during the early Asian session on Tuesday. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders brace for key US economic data later this week, including delayed employment and inflation reports.
Gold price (XAU/USD) attracts some sellers near $5,035 during the early Asian session on Tuesday. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders brace for key US economic data later this week, including delayed employment and inflation reports.
Gold (XAU/USD) attracts some dip-buyers following the previous day's modest slide and climbs back above the $5,050 level during the Asian session on Wednesday.
Silver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
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