The UK unemployment rate came in at 4.2% against an expected 4% and an earlier reading of 4%. In terms of sheer numbers, the registered unemployed added 29,000, the highest since the Covid outbreak. The whole data paclk is topped off by a strong jump in wages (ex bonus), +7.8% y/y against the expected 7.4% and the earlier reading of 7.3%. Wages data continues to run hot and that might keep the pressure on the BOE to tighten policy further. The GBPUSD pair is gaining after today's data reading.

BREAKING: PMI data from European countries came in line with expectations 🔎
BREAKING: Swiss inflation slows again 📉
⏬EURUSD the lowest in 3 months
Chart of the day - EURUSD (31.10.2025)