TagThe British pound

The British pound dips after the jobs data, while the dollar reaches five-week highs

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The pound fell against the dollar and euro on Tuesday after data showed that the U.K. economy added fewer jobs than expected in the three months to March. The Office for National Statistics said employment rose by 182,000 in the quarter, below consensus forecasts for 200,000. The unemployment rate is unchanged at 3.8%. Weaker-than-expected jobs data weighed on sterling, which dropped to $1.2570...

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