After the labor market figures it was steady at $1.4363, its highest since the Brexit vote.
It should also keep up expectations that the Bank of England will raise interest rates to 0.75% next month. Inflation seems set to fall back towards target, but a pick-up in wage growth points to an erosion of slack in the labour market. Meanwhile, unemployment was at 4.2 per cent- the lowest since 1975.
Sixers Lose To Heat As Joel Embiid Expresses Frustration
Whether Kevin Hart will be court side again at the American Airlines Arena for Game 3 on Thursday night remains to be seen. Miami's starters moved the ball and forced the young Sixers to make decisions, something Philly was inconsistent at.
Stephen Clarke, senior economic analyst at the Resolution Foundation, said: "Today's figures confirm that Britain passed an important living standards milestone in early 2018 as its 12-month pay squeeze finally ended".
"A 3 percent wage growth print in todayâs United Kingdom jobs report should seal the deal for a May BoE hike â but it may be the activity data that holds the key to the pace of BoE policy normalisation and sterling's cyclical re-pricing", ING's currencies strategist Viraj Patel said.
While this is a small rise, it is the first time since January 2017 that real wage growth has turned positive.
Telegram is banned from Russian Federation following court ruling
He added, however, that he still can not guarantee that Telegram users will retain access to the messenger without using VPNs. Durov had asked his lawyers not to attend Friday's court hearing because he said he saw the verdict as a foregone conclusion.
Badly battered in the aftermath of Britain's 2016 vote to leave the European Union, the currency has staged a major comeback, and has climbed 6% against the dollar and 3% against the euro this year alone. By the early months of 2017, inflation was rising faster than wages - a net drag on the economy as households spent less.
However, inflation over the period using a slightly different measure preferred by the Bank of England - CPI - was an average 2.9%, still slightly ahead of wage increases. Tuesday's figures showed there were 1.42 million unemployed people in Britain in the three months to February, 16,000 fewer than the previous three-month period, and that the unemployment rate was at 4.2 percent, its lowest since 1975.
"The labour market continues to be strong, and for the first time in nearly a year, earnings have grown slightly after inflation has been taken into account", said Matt Hughes at the ONS.
Manchester City locks up Premier League crown after Man United loss
He name-checked eight games - Milan against Napoli, Schalke against Borussia Dortmund, Celtic against Rangers, P.S.V. It is City's fifth English top-flight title, their last Premier League triumph having come in the 2013-14 season.
Inflation data follows on Wednesday, and retail sales figures come on Thursday. They are expected to show CPI steady at 2.7%.