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by ForexNewsNow Team on September 15, 2010

Indicator analysis: U.K. claimant count rises, defying forecasts

U.K. claimant count - workers queingNEW YORK (Forex News Now) – The number of Britons claiming jobless benefits unexpectedly rose in August, official data showed on Wednesday in one of the day’s major realtime FX news events.

In a report likely to impact online FX trading, Britain’s Office for National Statistics said the U.K. claimant count rose by 2,300 during the month, after revised fall of 1,000 in July.

Analysts had expected a decline of 4,100 in August, according to two currency market trading news outlets.

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