Sterling stands tall after jobs data; Brexit delay eyed 11:14am EDT [Reuters]
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Source: Reuters
Sterling stands tall after jobs data; Brexit delay eyed | Reuters 3 Min Read LONDON (Reuters) - The pound held firm near the day’s highs on Tuesday after data showed that British employers increased their hiring at the fastest pace in three years, while broad uncertainty on Brexit negotiations kept investors sidelined. While the pound has been little moved by British economic data in recent weeks, preferring to focus on the progress of Brexit negotiations, the data offered investors an excuse to consolidate their positions after a late selloff on Monday. The number of people in work surged by 222,000, helping to push down the unemployment rate to 3.9 percent, its lowest since the start of 1975, official data showed. UK UNEMPLOYMENT - tmsnrt.rs/2OeGwqb Sterling got off to a volatile start to the week, shedding half a percent in late London trading on Monday, after John Bercow, the speaker of parliament, said Prime Minister Theresa May’s Brexit deal could not be voted on again unless i
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