Economic data

British Pound stalls below 1.3400 despite hot UK CPI and BoE hike bets

FXStreet21 October 2026, 15:47 UTCUnited Kingdom

The Pound Sterling struggles to extend its gains against the US Dollar on Wednesday, even as inflation in the United Kingdom cemented the case for a Bank of England rate hike at the next meeting, while the Greenback recovers amid heightened geopolitical tensions. The GBP/USD hovers below 1.3400.

Read the full story at FXStreet Open in the live monitor

On the map

BOE Gov Bailey SpeaksEconomic dataUnited Kingdom21 October 2026, 13:00 UTC

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about United Kingdom

Cocktailtoppers Zana en Franko strijden om titel beste bartender ter wereld: een gemorste druppel kan fataal zijnDe Telegraaf21 October 2026, 17:00 UTCUnited KingdomEen gemorste druppel kan fataal zijn. Net als een seconde te lang roeren. Welkom op het WK cocktailshaken in Edinburgh waar Zana Möhlmann (29) en Franko Miloslavic (24) de Nederlandse eer hooghoude...
60th anniversary of Aberfan disaster marked in UKRTE21 October 2026, 16:59 UTCUnited KingdomTributes have been paid to the strength and resilience of the community in Aberfan, Wales, on the 60th anniversary of a disaster which claimed the lives of 116 children and 28 adults.
FCA Proposes Guidance on When DeFi Interfaces Need UK AuthorizationThe Defiant21 October 2026, 16:53 UTCUnited KingdomA separate paper explains how regulated firms must manage DeFi risks. Both consultations close Nov. 18.
LIVE Champions League: De Ligt met Manchester United razendsnel op achterstand in kletsnat ComoDe Telegraaf21 October 2026, 16:51 UTCUnited KingdomDe Champions League dendert door. Na genoeg spektakel op dinsdag, volgen er fraaie affiches op de woensdag. Volg alle duels hier op de voet via ons liveblog.
UK’s FTSE 100 ticks higher on energy boost; hot inflation report limits gainsInvesting.com21 October 2026, 16:30 UTCUnited KingdomEconomic data
Jeffrey Donaldson investigated over alleged rape in UK parliamentGuardian World21 October 2026, 16:25 UTCUnited KingdomMet police investigating after referral from PSNI about allegation former DUP leader raped woman in 2016The Metropolitan police are investigating an allegation that the former DUP leader Jeffrey Do...
El Reino Unido aprobó la extracción de un importante yacimiento de gas en el mar del NorteInfobae Americas21 October 2026, 16:20 UTCUnited KingdomGovernment leadersDonald Trump, expresó su satisfacción por esta extracción y resaltó que supone una buena noticia para Aberdeen
Steelworkers at Highland Valley Copper issue 72-hour strike noticeFinancial Post21 October 2026, 16:16 UTCUnited KingdomKAMLOOPS, British Columbia, Oct. 21, 2026 (GLOBE NEWSWIRE) — United Steelworkers union (USW) Local 7619 has issued 72-hour strike notice to Teck’s Highland Valley Copper (HVC) operation near Logan...

More on Economic data

Soaring debt costs deal another blow to French economyLe Monde21 October 2026, 17:00 UTCFranceEconomic dataFrance's 10-year bond yields surpassed the 5% mark during trading. This increase, by driving up the cost of borrowing for both businesses and households, is set to negatively impact economic activity.
Salaire, pouvoir d'achat, inflation : en France, le coût de la vie reste au cœur des inquiétudesFrance 24 (fr)21 October 2026, 16:31 UTCFranceEconomic dataDans la lignée du mouvement des Gilets jaunes en 2018, les manifestations du 17 octobre, comme celles prévues le 24, entendent dénoncer "la vie chère" et un "décrochage du pouvoir d’achat". Un méco...
France's interest rates rise above 5%, a self-inflicted sanctionLe Monde21 October 2026, 16:00 UTCFranceEconomic dataThe gap between the rates for French and German 10-year bonds has reached its highest level since the eurozone was created. Ongoing political turmoil in France has fueled market distrust.
The oil market's 2027 relief hopes are fading fastAxios21 October 2026, 15:55 UTCEconomic dataData: FactSet; Chart: Courtenay Brown/AxiosTraders are betting that oil prices will remain elevated for longer than they anticipated just weeks ago, threatening to prolong the inflationary pressure...
State Bank of Vietnam threatens to curb credit growth if banks fail to lower interestTuoi Tre News21 October 2026, 15:54 UTCVietnamEconomic dataThe State Bank of Vietnam has ordered banks to cut deposit and lending interest rates, warning that non-compliant lenders could face reductions in their credit growth targets.
Bank of Canada expected to raise rates next week, some economists sayGlobal News21 October 2026, 15:45 UTCCanadaEconomic dataThe Bank of Canada has held its key interest rate unchanged for about a year, but some economists expect rates to begin increasing again as early as next week.