Euro hits one-month high versus sterling after UK jobs data

LONDON: The euro hit a one-month high against sterling on Wednesday, tracking a rise in the euro against the dollar as the pound also came under pressure from a rise in the UK unemployment rate.

The euro rose 0.4 percent on the day to 86.145 pence, its highest level since March 15.

The pound also hit a session low against the dollar of $1.5302, from $1.5323 before the data was released.

Bank of England minutes released at the same time as the unemployment data showed policymakers voted 6-3 in favour of the asset purchase total unchanged, as expected.