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The GBP is the strongest and the JPY is the weakest as the NA session begins

The GBP is the strongest and the JPY is the weakest as the NA session begins. In the UK today the employment statistics were released and although the claimant count and unemployment rates were spot on, the 3M/Y average earnings rose to 6.4% which was higher than the 6.2% expected. The GBPUSD has taking a step to the upside and trades at the highs for the day as North American traders enter for the day. ON the daily chart below, the pair is looking to reenter a swing area between 1.22787 up... Read More

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Posted: Jan 17 2023, 13:09

Author Name: forexlive

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