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The Forex Newsletter from Commodity Samachar is here! 📰💼 UK Unemployment Rate Rises to 4.3% Amidst Stable Earnings 📚💹 Check out all the interesting details and get the full scoop on all the forex news! 📈📊 https://lnkd.in/dvUp7qYh Happy Trading! 🎉 Commodity Samachar Learn and Trade with Ease 📚💹 #blog #forex #forexnewsletter #CommoditySamachar #news #marketupdate #market #copper #CrudeOil #dollerindex

📉 The GBP/USD currency pair faces selling pressure amidst unclear UK employment data and rising geopolitical tensions. 😰 Meanwhile, EUR/USD continues to decline due to sluggish German economic performance. 🇩🇪💶 Despite these challenges, the markets look forward to the Canada's CPI data release. release. 📊 Stay tuned for updates! 💡 Read more 👉 https://lnkd.in/dW4vWPTb #forexnews #currencytrading #gbpusd #eurusd Disclaimer: This information does not represent trading advice

01:45 USD FOMC Member Kashkari Speaks 9 min GBP Halifax House Price Index (YoY) (Feb) 9 min GBP Halifax House Price Index (MoM) (Feb) 15:30 GBP Mortgage Rate (GBP) 18:00 USD Challenger Job Cuts (YoY) 18:00 USD Challenger Job Cuts (Feb) 18:45 EUR Deposit Facility Rate (Mar) 18:45 EUR ECB Marginal Lending Facility 18:45 EUR ECB Monetary Policy Statement 18:45 EUR ECB Interest Rate Decision (Mar) 19:00 USD Continuing Jobless Claims 19:00 USD Exports 19:00 USD Imports 19:00 USD Initial Jobless Claims 19:00 USD Jobless Claims 4-Week Avg. 19:00 USD Nonfarm Productivity (QoQ) (Q4) 19:00 USD Trade Balance (Jan) 19:00 USD Unit Labor Costs (QoQ) (Q4) 19:15 EUR ECB Press Conference 20:30 USD Fed Chair Powell Testifies 20:30 EUR ECB President Lagarde Speaks 21:00 USD Natural Gas Storage - 22:00 USD 4-Week Bill Auction 22:00 USD 8-Week Bill Auction 22:00 USD Atlanta Fed GDPNow (Q1) 22:00 USD FOMC Member Mester Speaks

📈💷 Exciting news from the currency markets today! The British Pound has surged to a new high for 2024 against the U.S. Dollar, reaching an exchange rate of 1.31. This significant movement comes after the U.S. Bureau of Labour Statistics revealed that it had overestimated job creation figures by 818,000 for the 12 months leading up to March 2024. This data indicates a weaker-than-expected U.S. labour market, which could prompt the Federal Reserve to take action. Such developments are pivotal as they influence global economic conditions and investment strategies. 🌍📊 #Finance #Forex #BritishPound #USDollar #EconomicNews #Investments

💷📈 Market Update: Pound Remains Strong! 📈💷 👉 Best rates for buying Euros & US Dollars in over 2 years 👉 Investor caution ahead of October's Budget 👉 Eurozone inflation drops, keeping the Euro weak 👉 Key US employment data coming Friday – could impact Dollar rates If you have an upcoming currency exchange, let your account manager guide you through the various tools we have to reduce your exposure to fluctuating rates! Get in touch today: 📱0800 622 6522 📧 [email protected]

💷📈 Market Update: Pound Remains Strong! 📈💷 👉 Best rates for buying Euros & US Dollars in over 2 years 👉 Investor caution ahead of October's Budget 👉 Eurozone inflation drops, keeping the Euro weak 👉 Key US employment data coming Friday – could impact Dollar rates If you have an upcoming currency exchange, let your account manager guide you through the various tools we have to reduce your exposure to fluctuating rates! Get in touch today 📧

Keeping an eye on the awaited Wage Result crucial for BOJ's interest rate hike decision! On Friday, the largest union group in Japan is set to divulge wage figures that have attracted significant attention. These metrics, which are believed to be robust, could possibly sway the central bank into considering a hike in interest rates, a move that hasn't been witnessed since 2007. #JapanEconomy #InterestRates #CentralBank

Our latest #InsightWeekly covers the latest #US economic data, the pace of #UK rate cuts and #oil prices in the Middle East. Find out more and discover why it’s been a good week for the US #dollar and a bad week for #bonds: https://lnkd.in/dnCvjBb4 #MarketUpdate

ENFLASYON ve FAİZLER-INFLATION AND INTEREST RATES / İŞSİZLİK/ UNEMPLOYMENT RATES (%) Yİ-ÜFE/D-PPI; TÜFE/CPI: 2021 (Yılsonu/Yearend)/ 5 Yıl Vadeli Devlet Tahvili Faizi/Government Bond 5 years interest rate (gösterge faizi) 2021-2024 #inflation #enflasyon #tüfe #yiüfe #governmentbonds

GBP passed through the resistance level of 1.2600 against USD this morning ahead of the US CPI data due later today. A softer dollar following yesterday’s US PPI print and uncertainty over when the BoE cut interest rates has helped the pound. Yesterday the UK Employment report for the first three months ending March indicated that job market conditions had deteriorated for the third time in a row. The BoE is concerned over high service inflation as it could hinder any progress in the disinflation process. This has not been helped by wage growth, which still appears to be stronger than what is needed for inflation to drop back to the BoE’s target 2% rate. Following the UK labour market data, BoE Chief Economist Pill said that rates of pay growth remain well above what would be consistent for meeting the 2% inflation target sustainably, and he emphasized the need to maintain a restrictive stance on monetary policy that continues to build downside pressure on domestic inflation. Pill commented that it is reasonable to believe they will have enough confidence over the summer to consider lowering interest rates. GBP/EUR has drifted sideways, trading between 1.1600 and 1.1650, as both currencies seem to be driven by data coming out of the US.