Pound near 1.3350 as dollar weakness offsets hot US PPI: Oct 17, 2026
The pound has reached three-week highs near 1.3350 as broad US dollar weakness has supported the pair around 1.3300. Hot US PPI data has left uncertainty around Federal Reserve policy, with attention on upcoming speeches from the Fed's Warsh and the Bank of England's Bailey.
Updated
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Headlines (8)
Carried over from earlier days
- British Pound surges as hot US PPI fails to revive Fed hike betsFXStreet
- British Pound softens below 1.3300 on hot US PPI, eyes on speeches from Bailey, WarshFXStreet
- GBP/USD Price Forecast: Extends recovery to near 1.3300 ahead of Fed Warsh’s speechFXStreet
- British Pound gathers strength to near 1.3300 on Fed policy uncertaintyFXStreet
- GBP/USD Rebounds on Dollar Weakness, but EUR/GBP and GBP/CHF Hold the Sterling VerdictActionForex
- Pound Sterling: Bailey Backing from Bangkokpoundsterlinglive.com
- Sterling today: Pound set to snap 7-week losing run as dollar slips on AI fearsInvesting.com
- British Pound hits three-week highs near 1.3350 as the US Dollar tumblesFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Saturday, October 17 | ||
| BOE Gov Bailey Speaks | GBP | |
| Sunday, October 18 | ||
| Rightmove HPI m/m | GBP | |
| Monday, October 19 | ||
| NAHB Housing Market Index | 31 | USD |
| Tuesday, October 20 | ||
| Average Earnings Index 3m/y | 3.8% | GBP |
| Claimant Count Change | 19.4K | GBP |
| Unemployment Rate | 4.9% | GBP |
| ADP Weekly Employment Change | USD | |
| Housing Starts | 1.30M | USD |