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Predicted forecasts showing the country lost more than 100,000 jobs last month dampened dollar performance, with Forex trading on sterling rallying after poor results earlier this week, reports Reuters.
In Asian markets the pound put on its best showing since early May, reaching $1.5199 (£0.999), as eastern stock indexes slid following Chinese measures to cool economic expansion.
The euro held steady after a significant fall earlier in the week, dropping to its lowest value since November 2008 before evening out at 82.42p today.
Today's performance reverses earlier sterling losses following weaker-than-expected Chinese manufacturing data which pushed equities lower and dragged down mining shares.
Financials and industrial commodities were among the biggest gainers on the stock exchange, as sales of European government debt allayed investor fears of a slacking in global recovery.
Posted by Sara Secker




