The pound rose sharply against the dollar, helped by optimistic data on unemployment in Britain, and subsequent statements from the Committee on the monetary policy of the Bank of England. The Office for National Statistics reported that the unemployment rate by the standards of the International Labor Organization fell in July -September to 7.6 percent, compared with 7.7 percent in the three months to August. We also add that the number of unemployed in this period amounted to 2470000 people, which has a minimum value for more than two years. Economists had expected the unemployment rate to remain unchanged.

Today's data also showed that the number of applications for benefits fell by 41,700 in October compared with the previous month , reaching 1.31 million ( the lowest since January 2009 ) . Economists had forecast a decline of 30.2 thousand Given this change in the level of applications for employment of unemployed fell to 3.9 percent from 4 percent in September.

In view of the change in the unemployment rate , the Bank of England may consider raising key interest rates as early as the 3rd quarter of 2015 , an increase of nine months earlier than previously expected. Better prospects for domestic demand in the UK, because the recovery is gaining momentum , means that unemployment will decline faster than the management of the Bank of England considered three months ago. Unemployment is likely to reach a decisive threshold 7% for the 3rd quarter of 2015 .

Also the management of the Bank of England stated that the economic recovery will accelerate in the 4th quarter of the current year and GDP growth will reach 0.9 % from 0.8 % in the 3rd quarter. These forecasts are based on market expectations as to what interest rates will rise in mid-2015 . This increase will slow growth in 2014 and 2015 , said the Bank of England.

The euro fell against the U.S. dollar earlier after the ECB Governing Council member Peter Pret said the central bank may apply a negative interest rate or start buying the assets of banks in an attempt to stimulate the economy of the region, which shows the dynamics of the non-shiny .

Pret said in an interview with Wall Street Journal, that the central bank will do whatever is necessary to fulfill its mission to promote economic growth, including lower interest rates below zero and buying assets from banks to lower the cost of borrowing in the private sector.

Comments Preta were a sign that the central bank may take further action , despite the fact that the U.S. Federal Reserve is likely to curtail incentives in the coming months , which provided support for the dollar.

Also, the pressure on the euro was due to the release of a weak report on the euro area. Data from the Statistical Office Eurostat showed that the September industrial production in the euro zone fell more than expected, after recording moderate growth in the previous month. According to the report , the seasonally adjusted industrial production fell in September by 0.5 per cent ( on a monthly basis ), which followed a 1 percent increase in the previous month . Economists had forecast a decline in September at 0.2 percent.

Later, the euro lost ground played against a broad dollar weakness , coupled with a reduction in yield of U.S. Treasury bonds .

USD/JPY Y97.50, Y98.00, Y98.50, Y98.90, Y99.00, Y99.30, Y99.50, Y100.00, Y100.15, Y100.25

EUR/JPY Y133.50, Y133.75

EUR/USD $1.3305, $1.3350, $1.3375, $1.3400, $1.3450, $1.3470, $1.3485, $1.3500, $1.3520, $1.3535

GBP/USD $1.5850, $1.5970, $1.6025

EUR/GBP stg0.8300, stg0.8325, stg0.8350/55, stg0.8450

AUD/USD $0.9300, $0.9350, $0.9375, $.9400, $0.9420, $0.9450

AUD/JPY Y92.25, Y94.25

NZD/USD $0.8350

USD/CAD C$1.0500

Data:

00:00 New Zealand RBNZ This chapter Graeme Wheeler

00:30 Australia Employment Cost Index , q / q III m +0.7 % +0.8 % +0.5 %

00:30 Australia Employment Cost Index Y / Y III quarter +2.9 % +2.9 % +2.7 %

09:30 UK average earnings , 3 m / y in September +0.7 % +0.7 % +0.7 %

09:30 UK average earnings (excluding bonuses) , 3 m / y in September +0.8 % +0.9 % +0.8 %

09:30 UK The number of applications for unemployment benefits , th October -41.7 -30.2 -41.7

09:30 UK jobless claims level of employment in October 4.0 % 3.9 % 3.9 %

09:30 UK ILO unemployment rate in September 7.7 % 7.7 % 7.6 %

10:00 EU Industrial Production m / m in September +1.0 % -0.2 % -0.5 %

10:00 EU Industrial Production y / y in September -2.1 % +0.1 % +1.1 %

10:30 UK It BOE Mark Carney

10:30 UK Letter of the Bank of England 's Inflation IV quarter

12:10 Eurozone ECB board member Jens Weidmann

The dollar rose slightly against the euro, which was associated with the release of a weak report on the euro area. Data from the Statistical Office Eurostat showed that the September industrial production in the euro zone fell more than expected, after recording moderate growth in the previous month. According to the report , the seasonally adjusted industrial production fell in September by 0.5 per cent ( on a monthly basis ), which followed a 1 percent increase in the previous month . Economists had forecast a decline in September at 0.2 percent. Meanwhile, it was reported that the production of durable consumer goods fell by 2.6 percent, and the output of capital goods decreased by 1 percent. Production of intermediate goods was down 0.8 percent compared to September 2012 . Note also that the production of energy increased by 1.3 percent. On an annual basis , industrial production grew by 1.1 percent in September , after falling 1.1 percent in August , which was revised down from -2.1 percent. Economists had expected production to grow by only 0.1 percent.

The pound rose sharply against the dollar, helped by optimistic data on unemployment in Britain, and subsequent statements from the Committee on the monetary policy of the Bank of England. The Office for National Statistics reported that the unemployment rate by the standards of the International Labor Organization fell in July -September to 7.6 percent, compared with 7.7 percent in the three months to August. We also add that the number of unemployed in this period amounted to 2470000 people, which has a minimum value for more than two years. Economists had expected the unemployment rate to remain unchanged.

Today's data also showed that the number of applications for benefits fell by 41,700 in October compared with the previous month , reaching 1.31 million ( the lowest since January 2009 ) . Economists had forecast a decline of 30.2 thousand Given this change in the level of applications for employment of unemployed fell to 3.9 percent from 4 percent in September.

In view of the change in the unemployment rate , the Bank of England may consider raising key interest rates as early as the 3rd quarter of 2015 , an increase of nine months earlier than previously expected. Better prospects for domestic demand in the UK, because the recovery is gaining momentum , means that unemployment will decline faster than the management of the Bank of England considered three months ago. Unemployment is likely to reach a decisive threshold 7% for the 3rd quarter of 2015 .

Also the management of the Bank of England stated that the economic recovery will accelerate in the 4th quarter of the current year and GDP growth will reach 0.9 % from 0.8 % in the 3rd quarter. These forecasts are based on market expectations as to what interest rates will rise in mid-2015 . This increase will slow growth in 2014 and 2015 , said the Bank of England.

EUR / USD: during the European session, the pair fell to $ 1.3407

GBP / USD: during the European session, the pair has set high at $ 1.6000

USD / JPY: during the European session, the pair fell to Y99.37

At 18:01 GMT the United States Stir 10 - year bonds . At 19:00 GMT the United States will be released monthly performance report for October. At 21:30 GMT New Zealand will release the index of business activity in the manufacturing sector of Business NZ in October , and 21:45 GMT to announce the change in retail sales for the 3rd quarter . At 23:50 GMT Japan is to publish preliminary data on changes in GDP, nominal GDP and the GDP deflator for the 3rd quarter .

EUR/USD

Offers $1.3550, $1.3500, $1.3494, $1.3460

Bids $1.3410/00, $1.3320-00, $1.3295-94, $1.3277

GBP/USD

Offers $1.6100/05, $1.6070, $1.6050, $1.6020/30, $1.6003

Bids $1.5920, $1.5910/00, $1.5879, $1.5850

AUD/USD

Offers $0.9420, $0.9400, $0.9380, $0.9350, $0.9325/30

Bids $0.9279, $0.9250, $0.9200, $0.9195

EUR/GBP

Offers stg0.8650/55, stg0.8600/05, stg0.8575/85, stg0.8520/30, stg0.8500, stg0.8475/80

Bids stg0.8380/70, stg0.8325/20, stg0.8300, stg0.8285

EUR/JPY

Offers Y135.50, Y135.24/28/36, Y135.00, Y134.50, Y134.20

Bids Y133.40, Y133.10/00, Y132.82/78, Y132.50, Y132.20

USD/JPY

Offers Y100.50, Y100.20, Y100.00, Y99.80

Bids Y99.45/40, Y99.11/07, Y99.00, Y98.80, Y98.64/59

USD/JPY Y97.50, Y98.00, Y98.50, Y98.90, Y99.00, Y99.30, Y99.50, Y100.00, Y100.15, Y100.25

EUR/JPY Y133.50, Y133.75

EUR/USD $1.3305, $1.3350, $1.3375, $1.3400, $1.3450, $1.3470, $1.3485, $1.3500, $1.3520, $1.3535

GBP/USD $1.5850, $1.5970, $1.6025

EUR/GBP stg0.8300, stg0.8325, stg0.8350/55, stg0.8450

AUD/USD $0.9300, $0.9350, $0.9375, $.9400, $0.9420, $0.9450

AUD/JPY Y92.25, Y94.25

NZD/USD $0.8350

USD/CAD C$1.0500

00:00 New Zealand RBNZ Governor Graeme Wheeler Speaks

00:30 Australia Wage Price Index, q/q Quarter III +0.7% +0.8% +0.5%

00:30 Australia Wage Price Index, y/y Quarter III +2.9% +2.9% +2.7%

The euro halted a two-day gain before data this week that may show the region’s factory output dropped and growth slowed, fanning speculation the European Central Bank will take more measures after a rate cut last week. Factory production in the 17-nation euro region probably fell 0.3 percent in September from August, when it rose 1 percent, according to the median estimate of economists in a Bloomberg News survey. The European Union’s statistics office will report the figure today.

The yen was near a two-month low as Bank of Japan board member Ryuzo Miyao said he is slightly more mindful of downside risks to the economy, backing speculation the central bank will expand stimulus next year. In Japan, government figures today showed machine orders fell 2.1 percent in September from a month earlier, compared with a 1.8 percent decline estimated by economists. Prices of goods traded among companies slid 0.1 percent last month, the first month-on-month drop in a year, the BOJ said.

The pound remained lower following a three-day slide before the Bank of England publishes economic forecasts in its quarterly Inflation Report today. The pound weakened yesterday when the National Statistics Office said core annual inflation slowed to 1.7 percent in October, the least since September 2009. Economists had forecast the costs of living excluding alcohol, food, tobacco and energy, rose 2 percent.

EUR / USD: during the Asian session the pair rose to $ 1.3450

GBP / USD: during the Asian session, the pair fell to $ 1.5885

USD / JPY: during the Asian session the pair fell to Y99.40

There is a full calendar on both sides of the Atlantic Wednesday, with the early part of the session likely to be dominated by the UK jobs data and the BOE Inflation Report. The European calendar gets underway at 0800GMT, when the Spanish October final HICP numbers will cross the wires. Annualised HICP is seen higher by 0.1% on month. At the same time, ECB Governing Council member Christian Noyer is scheduled to speak at a banking conference in Paris. Further Euro area data is expected at 1000GMT, when the Sep industrial output numbers are set to cross the wires. Analysts are looking for a flat reading on month, an improvement on the previous month's 2.1% fall. At 1210GMT, ECB Governing Council member Jens Weidmann is scheduled to give a speech, in Frankfurt. ECB Governing Council member Luis Maria Linde will give a speech on Spain's economic crisis, in Barcelona, at 1800GMT.

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3434 +0,21%

GBP/USD $1,5902 -0,53%

USD/CHF Chf0,9174 -0,20%

USD/JPY Y99,63 +0,48%

EUR/JPY Y133,85 +0,70%

GBP/JPY Y158,42 -0,06%

AUD/USD $0,9299 -0,63%

NZD/USD $0,8220 -0,39%

USD/CAD C$1,0493 +0,18%

00:00 New Zealand RBNZ Governor Graeme Wheeler Speaks

00:30 Australia Wage Price Index, q/q Quarter III +0.7% +0.8%

00:30 Australia Wage Price Index, y/y Quarter III +2.9% +2.9%

09:30 United Kingdom Average Earnings, 3m/y September +0.7% +0.7%

09:30 United Kingdom Average earnings ex bonuses, 3 m/y September +0.8% +0.9%

09:30 United Kingdom Claimant count October -41.7 -30.2

09:30 United Kingdom Claimant Count Rate October 4.0% 3.9%

09:30 United Kingdom ILO Unemployment Rate September 7.7% 7.7%

10:00 Eurozone Industrial production, (MoM) September +1.0% -0.2%

10:00 Eurozone Industrial Production (YoY) September -2.1% +0.1%

10:30 United Kingdom BOE Gov Mark Carney Speaks

10:30 United Kingdom BOE Inflation Letter Quarter IV

12:10 Eurozone ECB's Jens Weidmann Speaks

19:00 U.S. Federal budget October 75.1 -104.3

21:30 New Zealand Business NZ PMI October 54.3

21:30 U.S. API Crude Oil Inventories November +0.9

21:45 New Zealand Retail Sales, q/q Quarter III +1.7% +0.9%

21:45 New Zealand Retail Sales ex Autos, q/q Quarter III +2.3% +1.4%

23:30 Japan GDP, q/q (Preliminary) Quarter III +0.9% +0.4%

23:50 Japan GDP, y/y Quarter III +1.2%