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11 Jun 2014

UK: ILO Unemployment Rate down to 6.6% in April

FXStreet (Barcelona) - The ILO Unemployment Rate came in at 6.6% in April, down from 6.8% recorded in March, National Statistics informed on Wednesday. Analysts expected less decline to 6.7%.

The Claimant Count Change showed that the number of unemployment people in the UK dropped by 27.4K in April, following a 28.4K decrease in March and below expectations of a 25K fall.
Jun 11, 2014

GBP/USD finally got the data, and targeted at 1.68

GBP/USD showed positive sentiment ahead of UK labor data release posting session high at 1.6769, weakening a bit before the data and moving to 1.6780 right after the report was published.
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Jun 11, 2014

Sterling rallies on further UK unemployment declines

Sterling has rallied strongly after UK unemployment fell further than expected, with February-April ILO unemployment falling to 6.6 percent
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