EXPECTATIONS of a strong result from this afternoon’s US non-farm payrolls report is pressuring the pound Sterling to US dollar exchange rate lower today. Weak January construction data from the UK is also contributing to GBP/USD losses, with the exchange rate having fallen -0.3 per cent to $1.421.
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GBP v USD: Exchange rate weakens as markets brace for strong US payrolls data
![GBP v USD: Exchange rate weakens as markets brace for strong US payrolls data]()
Reviewed by Unknown
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02 February
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