Wage Surprise Boosts Pound Sterling Against Euro and Dollar

Wage Surprise Boosts Pound Sterling Against Euro and Dollar

Wage Surprise Boosts Pound Sterling Against Euro and Dollar - - Written by: Gary Howes - - - - - Image © Adobe Images Pound Sterling hit a 25-week high against the Euro and rose against all its G10 peers after UK wage data beat expectations and the UK unemployment rate fell again, confirming the labour market is strong enough to ensure inflation stays elevated. The Pound to Euro exchange rate rose to from 1.1755 in the hours after after …