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News 2026-09-23 11:17 UTC

MNI US MARKETS ANALYSIS - USD Strength Pervades

Highlights: * Xi Jinping heads to Washington, meetings with Trump in focus * Flash PMI data in focus, as well as more Fedspeak * USD strength pervades, putting key levels in both GBPUSD and USDMXN into view US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight: s-xi-tonight-1790161492747 Treasuries are mil

News 2026-09-23 10:09 UTC

GBP: Key Support Under Pressure, But Vols Promote Range Trade

* GBPUSD's drift through the 1.33 handle today is the first since late July and brings spot within range of key support into 1.3274, the pullback low before the August rally. While the rallying USD is the primary driver of the move here (USD Index trades back above 100.00), short-term underlying momentum in EURGBP is a