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TDUX
Oct 14 - 03:55 AM
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GBP/USD - Buoyed By Dovish Steer From Williams; US CPI Looms

By Robert Howard  —  Oct 14 - 02:39 AM

• Cable rose to 1.3275 in Asia as dovish steer from Williams weighed on dollar

• Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

• 1.3275 is one-week high. US CPI data due at 1230 GMT; core f/c 0.2% MM, 2.5% YY

• MPC hawk Pill says he's sceptical about market pricing four BoE rate hikes

• Healey set to pay for UK budget measures without more borrowing, FT reports

• IMF says Britain does not need to speed up fiscal consolidation

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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