The pound euro exchange rates fell sharply after two days of gains.<\/p>\n
The pound fell after UK jobs data revealed that UK wage growth excluding bonuses eased in the 3 months to August to 7.8%, down from an upwardly revised 7.9%. The data suggests that the UK labour market could be cooling, as the BoE rate hikes takes effect.<\/p>\n
The euro pushed higher following better than expected German ZEW economic sentiment data. The ZEW index rose to -1.1 in October from -11.4 in September, the straight month of a significant improvement. The data points to the German economy bottoming out.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro exchange rates fell sharply after two days of gains. The pound fell after UK jobs data revealed that UK wage growth excluding bonuses eased in the 3 months to August to 7.8%, down from an upwardly revised 7.9%. The data suggests that the UK labour market could be cooling, as the BoE […]<\/p>\n","protected":false},"author":163946598,"featured_media":5623,"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-115203","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