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News 2026-10-14 10:50 UTC

Sterling at 1 — week high against dollar ahead of US CPI

Oct 14 (Reuters) — The British pound rose to a 1-week high against the dollar on Wednesday as traders awaited a US inflation report that could influence the monetary policy path. Sterling was up 0.1% at 1.3268 per dollar by 1023 GMT, touching its strongest level since October 7. The currency also rose to a fresh 16-mon

News 2026-10-07 11:56 UTC

Global FX, fixed income markets move on fiscal and inflation concerns

The roundup says the Swiss franc remains supported by safe-haven demand, while sterling and gilt yields rise on expectations for Bank of England policy tightening and ahead of the U.K. budget. It also notes euro weakness tied to French fiscal concerns and a Treasury auction under close watch.