Pound holds above 1.3300 as dollar steadies ahead of UK CPI: Oct 19, 2026
Sterling is hesitant above 1.3300 as a steadier dollar linked to Fed expectations and geopolitical risks limits momentum. Attention is on UK CPI and what it means for Bank of England policy expectations beyond November, during a data-packed week for the UK. The pound has also been firm against the euro amid France's political turmoil, while high U.S. inflation and oil prices are worrying broader markets.
Updated
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The day on the wire
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Each tick is a headline first seen that day.
Headlines (8)
First seen on October 19
- High U.S. Inflation and Oil Prices Worry MarketsActionForex
- British Pound bulls seem hesitant above 1.3300 as USD steadies on Fed, geopolitical risksFXStreet
- COT update: Euro short jumps to ten-year high while commodity funds extend sellinghome.saxo
- Market outlook for the week of 19th-23rd OctoberInvestingLive
- Euro remains under selling pressure against British Pound on France's political turmoilFXStreet
- British Pound reflects mixed performance at the start of UK data-packed weekFXStreet
- GBP/USD Reversal Test: Can UK CPI Sustain BoE Tightening Bets Beyond November?ActionForex
Carried over from earlier days
- Economics Week AheadActionForex
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| 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 |
| Building Permits | 1.39M | USD |
| Pending Home Sales m/m | -0.4% | USD |