Highlight:
- Canadian unemployment rate ticked higher to 7.1%
- ECB President Draghi Speaking tonight at 6 PM
- UK CPI released tomorrow at 9.30 AM
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DAILY CURRENCY UPDATE (14 JUL) – STERLING STALLED AFTER MIXED DATA
Published by Uma Rajagopal
Posted on July 15, 2014
1 min readKey Takeaways
- Canadian unemployment rose to 7.1%, suggesting cooling labour market.
- Sterling remains stalled ahead of UK CPI release.
- ECB President Draghi speaking tonight may influence EUR flows.
- Tomorrow’s UK CPI at 9:30 AM (UK time) could sway GBP direction.
References
Frequently Asked Questions
When is UK CPI released?
UK CPI is scheduled for tomorrow at 9:30 AM (UK time).
What is the current Canadian unemployment rate?
Canada’s unemployment rate ticked up to 7.1%.
Who is speaking tonight?
ECB President Mario Draghi is speaking tonight.
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