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According to Reuters, the pound decreased by 0.2 per cent at $1.5502 today (September 15th) due to a 2,300 gain in those signed up for unemployment benefit.
Analysts had previously predicted a 3,000 fall and the claimant figure was the first rise since January.
Vicky Redwood, economist at Capital Economics, said: "The latest UK labour market data suggests that while employment is still rising, cracks are appearing in the recovery."
There was further bad news for sterling in terms of its trading against the euro as the former touched a seven-week low at 84.00 pence against the currency, its worst rate since July.
Yesterday also saw the pound drop, by 0.2 per cent at $1.5399, following a weak reading of UK house prices, the news provider reported.
Posted by Greg Secker
