Sterling drops after UK jobs, wages data
ReutersNov 11, 2025 7:12 AM
Nov 11 (Reuters) - Sterling fell on Tuesday, after data showed British unemployment rose, while annual wage growth slowed slightly to 4.6% in the three months to September compared with a year earlier.
The Bank of England is closely watching pay growth for signs of how persistent domestic inflation pressures are likely to prove.
The pound was last down 0.39% to $1.31205 GBP=D3, while the euro rose 0.36% to 88.03 pence EURGBP=D3.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Silver Frenzy Returns: Gold-Silver Ratio Falls Below 50 for First Time in 14 Years — Why Is Goldman Going Long?
TradingKey - Spot silver prices broke through the $90/oz mark this week, while the gold-to-silver ratio—a key indicator measuring their relative value—briefly fell below 50, hitting a 14-year low.TradingKey
Fri, Jan 16
Microsoft Stock Outlook 2026: Why MSFT Remains the Most Balanced Magnificent Seven Bet
TradingKey - When investors get a look at 2026, there are not many large-cap technology names that cause as much discussion as Microsoft.TradingKey
Wed, Jan 14
Cardano Price Prediction: When Will ADA Price Rise and Can It Reach $10 by 2030?
In early 2026, Cardano rebounded from its lows, with ADA trading at approximately $0.41, a gain of over 24% in seven days. Short-term resistance levels for ADA are set at $1 and $1.3, with any breakout contingent on ecosystem growth, macroeconomic factors, and Bitcoin's performance. Reaching $10 witTradingKey
Mon, Jan 12
European Central Bank 2026 Monetary Policy Outlook And Euro Exchange Rate 2026 Trend How?
TradingKey - The Federal Reserve has initiated an interest rate cut cycle, implementing its third consecutive rate cut since September this year, while the European Central Bank (ECB) has maintained a wait-and-see approach, keeping interest rates unchanged at 2.15% since July this year. In 2026, the Federal Reserve will maintain an accommodative monetary policy. If the European Central Bank maintains its current stance, what will be the future direction of the Euro exchange rate?TradingKey
Fri, Dec 26
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?TradingKey
Wed, Dec 10
Tradingkey
