• Prior -8.6k. Revised to -16.2k
  • May unemployment rate 7.8% vs 7.8% exp. Prior 7.8%
  • May average earnings 1.7% vs 1.4% exp. Prior 1.3%. Ex bonus 1.0% vs 1.1% exp. Prior 2.2%

Big drop in claims (revision) twinned with unanimous vote to keep rates steady gives the pound an huge boost.

Biggest fall since June 2010

Cable smashes 1.520 to 1.5238

UK claimant May 2013