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FX Daily Updates
Sterling drops after UK jobs, wages data
georgemiller
Publish Date: Tue, 11 Nov 2025, 07:21 AM

Nov 11 (Reuters) - Sterling fell on Tuesday, after data showed British unemployment rose, while annual wage growth slowed slightly to 4.6% in the three months to September compared with a year earlier.
The Bank of England is closely watching pay growth for signs of how persistent domestic inflation pressures are likely to prove.
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The pound was last down 0.39% to $1.31205 , while the euro rose 0.36% to 88.03 pence .
https://www.reuters.com/world/uk/sterling-drops-after-uk-jobs-wages-data-2025-11-11/