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Pound Extends Advance Versus Euro After Jobless Claims Fall

The pound extended an advance against the euro after a report showed U.K. jobless claims fell more than economists forecast in May.

The pound gained 0.4 percent to 84.76 pence as of 9:34 a.m. London time, after touching 84.70 pence, the strongest since May 21. Sterling was 0.2 percent stronger at $1.5673.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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