Sterling plummets against Euro

Source: WBP Online
Even though many analysts expected the labour data along with the Bank of England's Inflation Report to boost demand for the UK currency, the Euro has gained 0.07% against the Sterling since 10:30 GMT, reaching the level of £0.7862. The British Pound came under significant pressure today as a decrease in the number of claimants was more timid than expected and Mark Carney focused on the downside risks for the economic growth during his speech in London.
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