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Dec 12, 2013
GBP/USD posts bearish reversal candle Wednesday. Could it have a date with 1.6250?
The GBP/USD was due for a correction anyway, but the DC politicians playing nice for once has talk of a December / January tapering heating up more than just a few days ago. That chatter may exacerbate any correction in GBP/USD.
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Dec 12, 2013
Upbeat Australian jobs report
Australian Employment Change s.a. (Nov) came at 21000 vs 10,000 exp and 1,100 prior, while the unemployment rate s.a. (Nov) stood at 5.8% vs 5.8% exp and 5.7% last. Full-time employment (Nov)saw 15,500 vs -27,900 last, with part-time employment (Nov) at 5,500 vs +28,900 prior.
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