The Panthenon Investment Group

I was wondering the past 48 hours why there wasn’t any noise in the media about the UK Claimant Count and Unemployment Rate since BOE, Carney is focusing on raising interest rates next year and not wanting to fall behind the U.S.

I decided to put on my straddle at 4:25pm as follows: –

GBPUSD  –  1.5285   –   1.5315   –   1.5345

When the data came out it was self cancelling because the Claimant Count was slightly higher but the unemployment rate improved.

GBP hardly moved, so I took out the trade.