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UK: Claimant Count Change down 36.7K in October

FXstreet.com (Barcelona) - The number of unemployment people in the UK fell by 36.7K in October, following a 42.8K drop registered in September, National Statistics reported on Wednesday. This result is below the expected 35K decrease. The Claimant Count Rate was at 3.8%, following a 3.9% reading.

The ILO Unemployment Rate slid to 7.4% in October, from 7.6% in September, against forecasts of remaining at the same level. Average Earnings excluding Bonus rose 0.8% in the three months to October, following a 0.8% reading in the three months to September. Average Earnings including Bonus increased 0.9%, in comparison with 0.8% growth.

United Kingdom Claimant Count Rate improves to 3.8% in October from 3.9% in September

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EUR/GBP at weekly lows on unanimous MPC vote

EUR/GBP drifted lower overnight, and slammed close to 40 pips to post a daily low at 0.8408 following this mornings Bank of England meet which saw the MPC vote 9-0 to hold rates.
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