investingLive European FX news wrap: UK unemployment rate rises to the highest since 2021.The main highlight of the session was the UK labour market report. The data was softer than expected across the board with the unemployment rate rising to the highest level since February 2021 and wage growth surprising to the downside.
Dollar Not in a Rush.The US markets, closed for Presidents' Day, brought calm to the Forex market. Traders are not forcing events, awaiting the publication of the January FOMC meeting minutes.