Pound Succumbs to Weaker Jobs Data Hinting at Post-Brexit Risks

Updated on
  • Lowest jobless rate in a decade is failing to boost earnings
  • Sterling remains worst perfomer among G-10 currencies in 2016

The pound fell against the dollar and erased an advance to a more than two-week high versus the euro as the U.K. jobs market showed signs of cooling in the run-up to the referendum on European Union membership.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.