Pound firms above 1.3350 as dollar retreats after jobs data: Nov 9, 2026
Sterling nudged above 1.3350 and hit session highs at 1.3420 as broad-based US dollar weakness offset strong US jobs data. The move comes as markets price three more Bank of England hikes after the move to 4%, while CME FedWatch shows a 78% probability of a 25bp Fed rate hike in December.
Updated
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The day on the wire
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Each tick is a headline first seen that day.
Headlines (15)
First seen on November 9
- UK employers report weaker hiring but stronger pay growth in OctoberInvesting.com
- Markets price three more BoE hikes, but analysts see a shallower path after move to 4%InvestingLive
- British Pound nudges higher above 1.3350 despite strong US jobs dataFXStreet
- Personal Income and Outlays, September 2026bea.gov
- GBP/USD Price Forecast: Holds firm above 1.3350, but remains capped below key moving averageFXStreet
- Daily FX roundup: Bailey flags possible hike, Lula eyes rate cuts, China adjusts US tariffsflash.jin10.com
- Convera: Pound may strengthen further on resilient UK economy, rate-hike betsflash.jin10.com
- Sterling today: Pound firms as dollar retreats from Friday rallyInvesting.com
- Market outlook for the week of 9th - 13th NovemberInvestingLive
- British Pound hits session highs at 1.3420 amid broadbased US Dollar weaknessFXStreet
Carried over from earlier days
- Credit Agricole: Hawkish Bank of England Supports Pound but Further Gains Limitedflash.jin10.com
- CFTC Report: Currency short-covering expands; Gold retreatsFXStreet
- CME FedWatch Shows 78% Probability of 25bp Fed Rate Hike in Decembercls.cn
- Day Ahead: China October CPI, PPI; Fed's Goolsbee, Barkin, BOE's Bailey to Speakwallstreetcn.com
- Day ahead Monday: China Oct CPI, German trade, eurozone Sentix, Fed's Goolsbee, Barkin speakflash.jin10.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, November 9 | ||
| FOMC Member Bowman Speaks | USD | |
| Final Wholesale Inventories m/m | 0.6% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| BOE Gov Bailey Speaks | GBP | |
| Cleveland Fed Inflation Expectations | USD | |
| Tuesday, November 10 | ||
| BRC Retail Sales Monitor y/y | 1.2% | GBP |
| MPC Member Breeden Speaks | GBP | |