# Pound pushes higher against US dollar | Smart Currency Business

> Sterling rallied to a nine-week high against the dollar on optimism that the UK and EU were close to agreeing the cost of Brexit. US jobless claims fell to 238,000, and eurozone unemployment hit a nine-year low.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/67727-pound-pushes-higher-against-us-dollar-smart-currency-business
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A firmer sterling and stronger macro data reflect broad currency moves with no direct effect on feed commodity supply or demand.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- smartcurrencybusiness.com: https://www.smartcurrencybusiness.com/news/currency-note/pound-pushes-higher-divorce-bill/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.