UK unemployment stuck at 4.9% in June—missed the 4.8% forecast.
Not great, not terrible. But watch $GBP pairs and risk-on assets. If labor stays weak, BoE might hesitate on cuts longer than expected. Could mean delayed liquidity rotation into crypto.
Macro matters. Eyes on next CPI print.
Not great, not terrible. But watch $GBP pairs and risk-on assets. If labor stays weak, BoE might hesitate on cuts longer than expected. Could mean delayed liquidity rotation into crypto.
Macro matters. Eyes on next CPI print.