Market Focus

Tuesday, June 12, 2013, is full of news. Starting from the middle of the day, there will be data on employment in the UK, which will play a key role for the pound. Expectations remain very restrained, and the impact on the pound will be provided by the upcoming statistics on the UK.

Closer by the end of the day, the market’s attention will move to inflation data in the US, which in advance will cause a correction of positions on this currency. Inflation data in the US can have a significant influence on the American dollar on the eve of raising the rates of the US Federal Reserve.

Anton Hanzenko