The GBPUSD currency pair surged 0.42% on Tuesday as the latest US jobs report revealed a labour mark weakness, while retail sales were unexpectedly unchanged from September figures, an indication of consumers’ resilience. Sterling-dollar traded at 1.3432 after reaching a daily low of 1.3355. US nonfarm payrolls (NFP) in November came at 64,000, but better than the 50,000 expected, an improvement compared to October’s -105,000 print. The data pushed the unemployment rate from 4.4% to 4.6%, above estimates of 4.5% by Federal Reserve officials, which updated their forecasts at the Summary of Economic Projections (SEP). Other data revealed that retail The post Soft US jobs data crushes dollar appeared first on Financial Mirror .