Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Currencies  >  Euro / British Pound (EUR/GBP)    EURGBP   

SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

Sterling Weaker Before U.K. Labor Market Survey -- Market Talk

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/16/2017 | 08:13am CEST

0758 GMT - Sterling trades weaker before the U.K. labor market survey due 0830 GMT and ING says that "those looking to wage growth as evidence for rising underlying price pressures are unlikely to find much support." GBP/USD is down 0.1% at $1.2860 and EUR/GBP is up 0.2% at 0.9140. ING expects "GBP to remain on the back foot" on Wednesday and trade around these levels. Earnings excluding bonuses are expected to have risen by 2% in the three months to July and the unemployment rate should be unchanged at 4.5%, according to a WSJ poll. ING expects earnings to follow a similar path throughout the rest of the year and questions whether the Bank of England's 3% target in 2018 is achievable. ([email protected])

Stocks mentioned in the article
ChangeLast1st jan.
BRITISH POUND / US DOLLAR (GBP/USD) 0.81% 1.3128 Delayed Quote.-3.53%
EURO / BRITISH POUND (EUR/GBP) -0.28% 0.8924 Delayed Quote.0.74%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EURO / BRITISH POUND (EUR/
06/01EUROPEAN MORNING BRIEFING : Market Prices and G7 Calendar
DJ
04/20Dairy firm Arla launches cost-cutting after Brexit hit
RE
03/14Sterling to spoil any boost to bonds from Brexit deal doubts
RE
01/11Euro, bond yields rise as ECB to revisit policy message in early 2018
RE
2017CURRENCIES : Pound Rallies To 6-month High Against Euro After Brexit Breakthroug..
DJ
2017EUROPE MARKETS : French Stocks Push To 2-week High As Data Show Business Booming
DJ
2017EUROPE MARKETS : European Stocks Choppy, But French Shares Push To 2-week High O..
DJ
2017FTSE closes flat as sterling bounces back on Brexit hopes
RE
2017Sterling Weaker Before U.K. Labor Market Survey -- Market Talk
DJ
2017CURRENCIES : Dollar Softens As Inflation Report Disappoints
DJ
More news
Chart EURO / BRITISH POUND (EUR/
Duration : Period :
Euro / British Pound (EUR/ Technical Analysis Chart | EURGBP | 4-Traders
Technical analysis trends EURO / BRITISH POUND (EUR/
Short TermMid-TermLong Term
TrendsBullishBullishBearish