U.K. Unemployment Rises And Private Pay Increases Slow To 5-Year Lows, Pulling Sterling Lower
Source: SeekingAlpha
2026-02-17 07:52:00 ET
The US dollar ( DXY ) is mixed against the G10 currencies. A healthy reception to Japan’s five-year bond auction helped extend the rally in JGBs, and despite the lower yields, the yen’s roughly 0.25% advance puts it atop the G10 performers today. Ahead of what is expected to be a hawkish hold by the Reserve Bank of New Zealand tomorrow, the kiwi is up about 0.2%. Disappointing UK labor data and the soft expectations component of Germany’s ZEW survey are weighing on sterling and the euro....
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U.K. Unemployment Rises And Private Pay Increases Slow To 5-Year Lows, Pulling Sterling Lower
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