The Sterling (GBP) underperformed with sentiment towards the Pound still weak after last week&rsquo s shock increase in QE. The Cable was under constant pressure falling back to 1.5600 and EUR/GBP buying pushed the important cross to 0.8750. Looking ahead, September Claimant Count forecast at 25k vs. 20k previously. The Unemployment rate is expected to tick higher to 8.0% vs. 7.9% previously.
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