FX

Sterling trades above $1.42 after UK jobs data

By Michele Maatouk

Date: Tuesday 18 May 2021

(Sharecast News) - Sterling traded above $1.42 on Tuesday for the first time since February, boosted by better-than-expected UK jobs data.
Figures released earlier by the Office for National Statistics showed the unemployment rate unexpectedly ticked lower in the three months to March, to 4.8% from 4.9% in February, versus expectations...

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