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According to Reuters, the Office for National Statistics recently revealed that the number of UK adults claiming such government funding fell by 10,200 in February.
The agency noted that this is the most significant monthly drop since June 2010.
In addition, the euro was seen to shed 17 pips to a session low of 86.61 pence, which may also reflect the rise in those claiming such grants as Jobseekers' Allowance.
Meanwhile, the news source reported the yen has slipped as a Japanese shares bounce saw the financial markets settle somewhat.
However, the threat of a nuclear disaster in the earthquake-stricken Far East power has seen the yen rise - apparently owing to speculation that Japan's insurers and businesses could repatriate finances to support claims and reconstruction.
Posted by Greg Secker
