Cable extends gains as UK jobless rate fall

Note: This section contains information in English only.
Source: Investing.com
The Sterling advanced versus the US Dollar on Wednesday after the data from the UK showed that wages rose less than was initially anticipated, but the unemployment rate dropped further to the lowest level since 2008. The Cable dropped to $1.5283 right after the data release, however it managed to recover back above the $1.53 level to a new session high at $1.5367 by 09:04 AM GMT. The official report revealed that unemployment rate in the UK improved from 5.5% to 5.4% in August. 

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