GBP/USD Breaks 1.3350: Why Your Pound Just Got Stronger
GBP/USD breaks 1.3350 as Fed's Warsh stays vague and BoE hike bets build, pushing the Pound higher. What this shift means for your money.
Delayed FX: ECB fix Oct 16 · Futures: 02:25 IST
GBP/USD breaks 1.3350 as Fed's Warsh stays vague and BoE hike bets build, pushing the Pound higher. What this shift means for your money.
Falling US yields are lifting the Euro even as hot PPI and CPI data complicate the outlook. Here is what it means for your money.
The peso inflation selloff sent USD/MXN to 18.60 as hot US CPI fueled Fed rate hike bets. Here is what it means for savers, borrowers and shoppers.
BoE rate hike bets for November are lifting the Pound against the Dollar ahead of US CPI data, with risks for savers and borrowers.
| Instrument | Price | Change | % |
|---|---|---|---|
| USD/CHF | 0.8240 | −0.0062 | −0.75%down |
| AUD/USD | 0.6959 | +0.0048 | +0.69%up |
| GBP/USD | 1.3335 | +0.0088 | +0.66%up |
| EUR/USD | 1.1253 | +0.0045 | +0.40%up |
| USD/CAD | 1.4161 | −0.0046 | −0.32%down |
| USD/JPY | 158.02 | +0.04 | +0.03%up |
| Instrument | Price | Change | % |
|---|---|---|---|
| Brent | 109.86 | +3.94 | +3.72%up |
| Natural Gas | 3.116 | −0.120 | −3.71%down |
| WTI Crude | 99.02 | +1.05 | +1.07%up |
| Copper | 6.574 | +0.063 | +0.97%up |
| Silver | 57.31 | +0.47 | +0.83%up |
| Gold | 4,181.10 | +11.00 | +0.26%up |
The session in numbers
Currencies: ECB reference rates, updated each business day; dollar index calculated from them. Commodities and yields: front-month futures, delayed about 15 minutes. Not for trading.
Currency-market news, analysis and insight.
GBP/USD breaks 1.3350 as Fed's Warsh stays vague and BoE hike bets build, pushing the Pound higher. What this shift means for your money.
BoE rate hike bets for November are lifting the Pound against the Dollar ahead of US CPI data, with risks for savers and borrowers.
The Swiss franc rate gap between the Fed and SNB is pushing USD/CHF toward its highest levels since May 2025, with US CPI data due this week.
Interest rates, inflation and the institutions setting them.
Falling US yields are lifting the Euro even as hot PPI and CPI data complicate the outlook. Here is what it means for your money.
The peso inflation selloff sent USD/MXN to 18.60 as hot US CPI fueled Fed rate hike bets. Here is what it means for savers, borrowers and shoppers.
The NY Fed's tariff inflation report shows tariffs added 2.9 points to prices on 67 goods. Here is what it means for the dollar, euro and yen.
Eurozone inflation spike to 3.8% raises ECB pressure, but oil prices and France's fiscal worries keep euro buyers away as EUR/USD hovers near lows.
The CPI dollar trading outlook shifts as inflation matches forecasts. See which pairs move and how traders should position now.
| Bank | Rate | As of |
|---|---|---|
| Federal ReserveUS | 3.75–4.00%+0.25 | |
| ECBEuro area | 2.50%+0.25 | |
| Bank of EnglandUK | 3.75%−0.25 | |
| Bank of JapanJapan | 1.25%+0.25 | |
| Swiss National BankSwitzerland | 0.00%−0.25 |
Source: Bank for International Settlements, daily central bank policy rate series. The figure beside each rate is its last change.
Oil, gold, gas and the industrial complex.
A Trump Iran strike delay cooled Treasury yields and lifted the yen, but oil costs, mortgage rates and inflation risks remain live for savers.
In the fiery Presidential Debate: Kamala Harris confronts Donald Trump over his stance on the Russia-Ukraine War and Vladimir Putin.
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