Forex News: Sterling swap rates edge lower Wednesday after the June UK labor market report shows jobless claims rising by 15,500, their largest monthly increase since December 1992. Economists had been looking for a rise of 9,000. Meanwhile, average earnings rise by 3.9% in the three months to June. The 2-year swap rate slips to 5.775% from 5.785%, with the 10-year edging down to 5.376% from around 5.378%.
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