Breaking: GBP/USD slips as Dollar rebo...
📊 INVESTMENT NEWS
⏰ Market Update: 2025-10-13 23:20 UTC
💡 Key Market Insights
#Gbp#Unemployment#Figure#Publication#Usd#Slips#Dollar#Rebounds#Ahead#Data
Why it matters to traders?
The Unemployment Rate is the broadest indicator of Britain’s labor Market. The figure is highlighted by the broad media, beyond the financial sector, giving the publication a more significant impact despite its late publication. It is released around six weeks after the month ends. While the Bank of England is tasked with maintaining price stability, there is a substantial inverse correlation between unemployment and inflation. A higher than expected figure tends to be Gbp-bearish.
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Source: Original financial news report
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