Pound Extends Decline Versus Dollar After U.S. Payroll Report

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The pound extended a decline against the dollar after a report showed U.S. employers added more jobs in October than economists forecast.

Sterling dropped 0.5 percent to $1.6052 at 12:39 p.m. London time. The U.K. currency rose 0.2 percent to 80.07 pence per euro.