Sterling in focus as economists see rates below 4.75%: Oct 25, 2026
City economists say interest rates are unlikely to reach 4.75% by next summer. For GBP/USD, rate expectations matter because they feed into views on the pound against the dollar, while a CFTC report notes the WTI rally has run ahead of positioning.
Updated
The reading that day
NeutralAt the close of the UTC day.
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It held all day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
Headlines (13)
First seen on October 25
Carried over from earlier days
- Pound Benefits from a Hawkish BoEActionForex
- British Pound holds gains above 1.3400 as hot CPI data fuels BoE rate hike betsFXStreet
- British Pound steadies near one-month highs despite downbeat UK Retail Sales dataFXStreet
- Forex Today: Choppy action continues ahead of key PMI dataFXStreet
- Global stocks wobble as AI fears grow; retail sales in Great Britain fall in September as shoppers cut back - business liveThe Guardian
- GBP/USD Daily OutlookActionForex
- Euro hits fresh 17-month lows against British Pound after Eurozone, UK PMIsFXStreet
- Sterling today: Pound slips as risk-off sell-off weighs on currenciesInvesting.com
- British Pound underperforms despite upbeat UK flash PMI reportFXStreet
- British Pound: BoE tightening expectations questioned – BBHFXStreet
- How have interest rate expectations changed after this week's events?InvestingLive
- CFTC Report: WTI rally runs ahead of positioningFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 25 | ||
| Daylight Saving Time Shift | GBP | |
| Fed Monetary Policy Report | USD | |
| Monday, October 26 | ||
| CBI Realized Sales | -47 | GBP |
| Tuesday, October 27 | ||
| BRC Shop Price Index y/y | 1.6% | GBP |
| ADP Weekly Employment Change | USD | |
| Core Durable Goods Orders m/m | 0.6% | USD |
| Durable Goods Orders m/m | 1.8% | USD |
| S&P/CS Composite-20 HPI y/y | 2.7% | USD |