Breaking News: Sterling rises to 1.3200 after the UK wage growth surprises on the upside
|- The UK unemployment rate remains at 4.0% in three months to August.
- The UK regular pay rises 3.1% y/y exceeding the market expectations.
- The UK claimant count rises 18.5K in September, missing the market estimates of 10.0K.
- Sterling rises above 1.3200 after the UK labor market data.
Sterling rose above 1.3200 in a knee-jerk reaction to the UK labor market report saw better than expected wage growth data in September.
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