Pound US Dollar exchange rate: Pound muted despite record high UK employment



This morning UK unemployment fell to its lowest level since 1975. However, the jobs stats had little impact on GBP/USD, with the exchange rate unmoved at $1.2919. The UK’s ILO unemployment rate for December was released this morning, with the data showing that unemployment remained steady at 4 percent, a multi-decade low.
Pound US Dollar exchange rate: Pound muted despite record high UK employment Pound US Dollar exchange rate: Pound muted despite record high UK employment Reviewed by Unknown on 19 February Rating: 5

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