FOREX MARKET TRADER NEWS
12-Mar-24 // 15:48 PM
Pound Sterling faces pressure after downbeat UK Employment data
United Kingdom
The Pound Sterling (GBP) drops to the round-level support of 1.2800 in Tuesday's European session as the United Kingdom Office for National Statistics (ONS) has reported soft Employment data. Figures from the UK ONS show that higher interest rates from the Bank of England (BoE) and deepening cost-of-living crisis are starting to dampen labor market conditions.
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