GBP/USD hit 1.6082 during U.S. morning trade, the session high; the pair subsequently consolidated at 1.6077, inching up -0.03%.
Cable was likely to find support at 1.6022, and resistance at 1.6122,.
Official data on Friday showed the U.S. economy added 155,000 jobs in December, easing from an upwardly revised increase of 161,000 in November. The unemployment rate held steady at 7.8%.
--> The data dampened speculation that the Federal Reserve may end its easing program sooner than had been expected after the minutes from the Fed’s December meeting showed that some policymakers considered ending the bank’s quantitative easing program before the end of the year.
Cable was likely to find support at 1.6022, and resistance at 1.6122,.
Official data on Friday showed the U.S. economy added 155,000 jobs in December, easing from an upwardly revised increase of 161,000 in November. The unemployment rate held steady at 7.8%.
--> The data dampened speculation that the Federal Reserve may end its easing program sooner than had been expected after the minutes from the Fed’s December meeting showed that some policymakers considered ending the bank’s quantitative easing program before the end of the year.
0 comments:
Post a Comment