The Euro (EUR) slides 0.2% to near 0.8407 against the British Pound (GBP), following the release of the United Kingdom (UK) labor market data for three months ending August. The labor market data has shown a significant improvement in job hiring and a decline in the jobless rate.
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.7% in the three months to August after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in below the market consensus of 4.9%.
Multicoin Capital has identified Hyperliquid as the largest holding in its hedge fund, reaffirming its commitment to crypto investments despite growing interest in artificial intelligence (AI).