Irish Employment Offers a Positive Surprise - Forex News by FX Leaders

Irish Employment Offers a Positive Surprise

Posted Tuesday, May 21, 2019 by
Arslan Butt • 1 min read

Finally, some positive news amid all the recent Brexit uncertainty. Irish employment data is in, and offers a silver lining in an otherwise bleak setting.

The number of employed workers rose to over 2.3 million in Q1 2019, up by 0.9% in Q4 2018. The latest data cimes in 3.7% higher than Q1 2018.

Unemployment too has come down to 114,000, 14% lesser than what it was during the same period a year ago.

GBP/USD, however, continues trading bearish today, having slipped below the 1.27 level. It has touched 1.2698 at the time of writing.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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