United States Initial Jobless Claims below expectations (230K) in May 2: Actual (228K)

May 8, 2025

United States Unit Labor Costs came in at 5.7%, above forecasts (5.3%) in 1Q

EUR/GBP slumps to near 0.8470 as Pound Sterling strengthens after BoE’s policy decision

The EUR/GBP pair slides to near 0.8470 during early North American hours on Thursday as the Pound Sterling (GBP) attracts significant bids after the Bank of England (BoE) announces its monetary policy.