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Foreign Currency Exchange Specialists

Wednesday, 16 June 2010

Unemployment fails to rally Pound

This morning's UK unemployment figres up to 7.9% in the 3 months to April, up from 7.8% in the previous quarter.

Although the number of people claiming benefit fell slightly in May, the overall figures made for mixed reading and following a short boost there was little impact for the Pound.

Tomorrow's public borrowing numbers are the next major UK economic figres, and the last before Tuesday's emergency budget.

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