Sterling could be in for additional volatility as the U.K. jobs figures are due and might set the tone for BOE policy expectations. If the actual figures beat expectations, however, it could spark a strong bounce for pound pairs as this would likely dampen BOE rate cut hopes. The pair is floating around 38.2% Fibonacci retracement level, which coincides with an...
Monday turned out to be a relatively calm day for the foreign exchange market. The euro and the pound could not reach Friday's peaks, due to the weak macroeconomic statistics.
For example, in Germany, the PMI in the manufacturing sector fell to its lowest level in the last couple of months and amounted to 43.4. This confirms that the largest eurozone economy is...
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more delays for brexit should see big gap down and a return to retest previous lows.
if deal is agreed then we should see gap up and continued strength in the pound.
honestly, i have stopped day trading the pound, it is very volatile and now looking for longer term positions.
As a young person in the UK i feel my views have been forgotten about. To anyone over the...
Participation rate, on the other hand, has been declining since 2010 and now stands at levels lower than in 1980-ies.
However it is not a systemic problem with the labor market. The reason for the decline is that the percent of population that is employed or actively looking for work is shrinking as a part of total population as a direct effect of aging baby-boomers.
