Julian Benson
on December 12th, 2023 GBP/EUR briefly climbed even higher on Monday, before it settled back into similar levels from last week. That’s still around the highest it’s been in three months.
UK unemployment figures dipped down slightly, but the more significant read was probably the decline in wage growth. Average earnings including bonuses slowed to 7.2% in the three months to October versus the previous 8% and well above forecasts.
GBP/USD: the past year
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