When are the UK jobs and how could they affect GBPUSD? – by anilpanchal7 UnitedKingdom Employment GBPUSD RiskAppetite Events
Today’s UK employment data becomes more important considering the Bank of England’s latest efforts to keep the British economy in its liquid stage, coupled with the readiness to defend the rate hike trajectory. It should be noted that the jobs report also becomes important as it will be the first since Rishi Sunak won the Prime Minister’s seat.
Further, the ILO Unemployment Rate is likely to remain intact at 3.5% for the three months ending in September. It’s worth noting that the Claimant Count Change figures are expected to deteriorate to -12.6K versus 25.5K in previous readouts.Readers can find FXStreet's proprietary deviation impact map of the event below.
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