The Pound is higher on the back of much better than expected - TopicsExpress

The Pound is higher on the back of much better than expected unemployment figures Wednesday that now shows UK unemployment at 7.1%. The Canadian Dollar is sharply lower simply because the Bank of Canada released its monetary policy statement and said inflation was falling in Canada and this means interest rates will stay at 1% for the time being. Keep an eye on the Aussie Dollar today as there is China PMI data due for release around lunch time and there is a comprehensive report on all the key fundamental news in the GoldRock Insider Report today. ltggoldrock

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