* Chart: world currency rates in 2020 tmsnrt.rs/2egbfVh
* Chart: Trade-weighted pound sterling since the Brexit vote tmsnrt.rs/2hwV9Hv (New versions)
LONDON, June 3 (Reuters) – The pound fell against the dollar on Thursday as data showing an increase in private employment hiring in the United States suggested a rapidly recovering economy and suggested stronger monthly employment numbers for Friday .
Investors have been betting against the dollar for the past few months but have become more cautious lately, wondering whether a surprisingly strong rebound in the US economy threatens the theory that rates will stay low for a long time.
The pound sterling fell 0.41% to $ 1.4110 after U.S. payroll data turned out to be stronger than expected after hitting a three-year high of $ 1.4250 earlier this week.
The huge payroll miss in April, when the monthly hiring of 266,000 employees thwarted expectations of 1 million, had made investors nervous about the strength of the US recovery.
The pound rose 0.1% against the euro to 86.04 pence.
The pound sterling had held steady on Thursday as investors await firmer signals as to whether growing cases of a COVID-19 variant first found in India could delay the broader reopening of the UK economy planned on June 21.
The UK currency has been a top performer among its G10 rivals this year thanks to optimism about the country’s rapid vaccination program and is hoping its economy will recover faster than some as a result.
Those hopes have been a little frayed in recent weeks, however, as rising cases of the variant of COVID now known as Delta led Prime Minister Boris Johnson to say he would be cautious about lifting travel restrictions and social distancing.
According to media reports on Wednesday, the government is considering delaying the remaining restrictions by a few weeks until June 21st. (Reporting by Lawrence White; Editing by Angus MacSwan and Mark Potter)