GBP/USD Falls 140 Pips As Bank Of England Governor Pledges Not To Increase Rates

Today GBP/USD fell more than 140 pips when the Bank of England Governor Carney pledged not to rush rate increase. Mark Carney pledged that Bank of England officials won’t rush to raise interest rates as he highlighted overseas risks to Britain’s recovery and the weakness of wages. Speaking after a mixed labor market report that… Continue reading GBP/USD Falls 140 Pips As Bank Of England Governor Pledges Not To Increase Rates

What Is Claimant Count Change And Does It Affects The British Pound GBP?

Claimant Count Change is a UK employment figure that is released by the Office of National Statistics in the middle of every month at 8:30 GMT. Claimant Count Change measure the number of people in the UK economy who claim unemployment benefits but are actively seeking work. This statistics is considered to be a measure… Continue reading What Is Claimant Count Change And Does It Affects The British Pound GBP?