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TDUX
Oct 16 - 03:55 AM
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GBP/USD - Climbs To October Peak As AI Wobbles Impact Dollar

By Robert Howard  —  Oct 16 - 02:32 AM

• Cable rises to 1.3309 as AI wobbles rock the dollar

• 1.3309 is highest level since Sept 30 (1.3311 was the high that day)

• Wednesday's low was 1.3137 - before USD fell on AI debt concerns

• Fed's Warsh sees economic tailwinds, mum on rate-path view

• BoE's Bailey sees "quite subdued" second-round price pressures so far

• Guardian-UK's Healey poised to raise taxes on banks in Oct 28 budget

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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