After rising and falling against both currencies last week, sterling starts the day weaker against both compared to this time last week.
There are no key data releases today however tomorrow markets can expect a variety of data from the UK. Key releases include the claimant count change for September, and the unemployment rate for August. UK unemployment levels for August are expected to remain unchanged since falling to 3.6% in July. As the number of people no longer looking for work increased, the unemployment level is still below pandemic levels (mainly due to a decreased amount of part-time. employment)
