UK jobs data<\/a> which showed that average earnings jumped 8.2% in the three months to June, well ahead of the 7.2% forecast. Meanwhile unemployment rose to 4.2%.<\/p>\nThe data will unnerve policy makers who are battling to control high inflation.<\/p>\n
The euro fell yesterday after German wholesale prices fell by -2.8%, more than the -2.6% expected.<\/p>\n
Today attention is on German ZEW economic sentiment data, which is expected to show that morale held steady at -14.7.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising for a fourth session, moving towards \u20ac1.1650. The pound is rising as attention turns to UK jobs data which showed that average earnings jumped 8.2% in the three months to June, well ahead of the 7.2% forecast. Meanwhile unemployment rose to 4.2%. The data will unnerve policy […]<\/p>\n","protected":false},"author":163946598,"featured_media":5649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-114854","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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