Sterling Briefly Lifted by UK Jobs Data, But Forex Markets Remain Subdued

Trading in the forex markets remained relatively subdued today, with limited momentum across major pairs. Sterling saw a brief uptick following robust UK employment data, but the rally quickly lost steam. The data did little to alter expectations that BoE will likely keep rates unchanged next week and wait until November to reassess its stance. […] The post Sterling Briefly Lifted by UK Jobs Data, But Forex Markets Remain Subdued appeared first on Action Forex.

Sterling Briefly Lifted by UK Jobs Data, But Forex Markets Remain Subdued

Trading in the forex markets remained relatively subdued today, with limited momentum across major pairs. Sterling saw a brief uptick following robust UK employment data, but the rally quickly lost steam. The data did little to alter expectations that BoE will likely keep rates unchanged next week and wait until November to reassess its stance. […]

The post Sterling Briefly Lifted by UK Jobs Data, But Forex Markets Remain Subdued appeared first on Action Forex.