Sterling today hit a new post-Brexit high after government labour market figures showed employment hitting a record high and more US dollar weakness.
The pound rose by more than two cents against the US dollar over the course of the day, a gain of more than 1.5 per cent.
The dollar has also come under pressure after US Treasury secretary Steve Mnuchin said a weaker greenback is better for the US economy.
This breaking news story is being updated as more information emerges - please refresh the page for the most recent version.
To keep on top of the biggest news stories as they happen, follow @CityAM on Twitter. You can also sign up for our newsletter alerts for updates throughout the day.
Bagikan Berita Ini
0 Response to "Sterling surges above $1.42 after new employment record"
Post a Comment