FTSE 100 posts biggest jump since March as US economy adds 339,000 new jobs – as it happened
by Graeme Wearden from Economics | The Guardian on (#6C0ZM)
US economy added more jobs than forecast last month, with March and April's data revised higher too, but unemployment rate has jumped to 3.7%
The pound is on track for its best week so far this year.
So far this week, sterling has gained 1.5% against the US dollar, or almost two cents, to $1.253 this morning.
Risk sentiment has improved markedly with the passage of the US debt ceiling deal through Congress. This kept European currencies supported on Friday morning.
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