The US dollar gained strength following an unexpected increase in job openings in America, resulting in the pound sliding to $1.3712. On a notable day, the dollar and pound reached $1.3800, their highest point in three and a half years. In May, US companies reported 7,769 million job vacancies, surpassing the previous month's 7.395 million and exceeding economists' expectations of 7.3 million. Analysts expressed concerns about the implications of Trump's fiscal policies on the Treasury market.
The US dollar strengthened amid an unexpected increase in job openings in America, as a result sterling edged lower by 0.3% to $1.3712.
US companies posted a 7,769 million vacancies in May compared to 7.395 million in April, above economists' forecasts of 7.3 million.
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