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TDUX
Oct 29 - 04:55 AM
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GBP/USD - On 1.33 Handle After Warsh Underwhelms Dollar Bulls

By Robert Howard  —  Oct 29 - 03:53 AM

• Cable holds above 1.3300 after dollar's dip on relatively dovish Warsh

• Two-year UST yields down to 4.68% in Asia vs 4.78% high Wednesday, pre-Fed

• GBP/USD was sub-1.33 before Wednesday's low-key UK budget

• US Sept core PCE data due at 1230 GMT; 0.3% MM, 3.1% YY forecast

• Biggest market impact of US midterms may be 2028 countdown

• Seven Fed policy meetings scheduled for 2027; six in 2028 (vs eight this year)

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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