Economic data

British Pound defies strong US GDP as BoE rate hike bets support Cable

FXStreet29 October 2026, 15:51 UTCUnited Kingdom

The Pound Sterling appreciates against the US Dollar on Thursday, even though US economic data was solid: GDP figures exceeded estimates, inflation rose, and the job market is robust. The GBP/USD trades at 1.3340, up 0.19%.

Read the full story at FXStreet Open in the live monitor

Related discussion groups

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

More news about United Kingdom

“Donnarumma y 10 más”: la tajante respuesta del DT del Manchester City sobre Gerónimo Rulli tras ser figura en los penalesInfobae Americas29 October 2026, 16:53 UTCUnited KingdomEnzo Maresca fue contundente al ser consultado sobre la posibilidad de que el arquero argentino sea titular tras su desempeño en la Copa
Eight of nine English water companies still failing on environment, report findsGuardian World29 October 2026, 16:39 UTCUnited KingdomAngela Eagle tells industry ‘people are sick of excuses’ after pollution levels remained high despite fresh investmentAngela Eagle, the environment secretary, has summoned water industry bosses to...
Citadel Can Subpoena Top Marshall Wace Executives, Judge RulesBloomberg Markets29 October 2026, 16:30 UTCUnited KingdomCitadel won access to the communications of two of Marshall Wace’s most senior executives as part of a legal fight over the British hedge fund’s recruitment of former Citadel portfolio manager Dani...
Globale Trends: Das Brexit-Tabu ist gebrochen: Großbritannien erlebt eine neue EU-DebatteHandelsblatt29 October 2026, 16:29 UTCUnited KingdomIm Vereinigten Königreich wird wieder lebhaft über die Rückkehr in die Europäische Union gestritten. Aber auch Brüssel, Berlin und Paris müssen sich unangenehme Fragen stellen.
Manchester United’s Carrick backs Fernandes and is expected to face ChelseaAl Jazeera29 October 2026, 16:23 UTCUnited KingdomMichael Carrick will manage Man Utd at Chelsea on Saturday despite sacking rumours and says Bruno Fernandes will return.
HTX Exits UK Following FCA SettlementThe Defiant29 October 2026, 16:11 UTCUnited KingdomSanctionsExisting customers cannot trade and must request approval for a one-time 48-hour withdrawal window, subject to sanctions controls.
Crypto exchange HTX exits the UK after settling with the FCACoinDesk29 October 2026, 16:11 UTCUnited KingdomThe former Huobi exchange has stopped accepting deposits from British customers and agreed not to target them with crypto promotions.
UK Budget Signals Wave of New North Sea Oil and Gas DrillingOilPrice.com29 October 2026, 16:00 UTCUnited KingdomJohn Healey’s Budget has assumed the government will approve North Sea discovery drilling projects that produce in excess of a billion barrels of oil and gas, in the clearest sign yet that minister...

More on Economic data

Chile: el gobierno enfrenta su primer paro de camioneros por alzas sostenidas de combustiblesInfobae Americas29 October 2026, 16:55 UTCChileEconomic dataTransportistas bloquearon el puerto de San Antonio por tiempo indefinido
Ukraine heads for first economic decline since 2022 as Russian strikes take their tollKyiv Independent29 October 2026, 16:51 UTCUkraineEconomic dataUkraine’s National Bank said on Oct. 29 that the country’s economy will shrink by 0.4% this year, after revising its previous forecast of 1.8% growth.
Major strikes planned across Italy on Friday against cost of living and military spendingEuroNews29 October 2026, 16:47 UTCItalyEconomic dataStrikes and rallies are planned over rising living cost and the shift of public funds to arms. Unions are demanding wage increases in line with inflation; while dockworkers in 17 countries are mobi...
États-Unis : Obama se moque de Trump à l'approche des midtermsFrance 24 (fr)29 October 2026, 16:47 UTCEconomic dataÀ cinq jours des les élections de mi-mandat aux États-Unis, Barack Obama s’est rendu en Géorgie pour apporter son soutien au sénateur sortant Jon Ossoff. L'ancien président a commenté une plaisant...
Vietnam to overtake Indonesia in per capita GDP in 2026: IMFNikkei Asia29 October 2026, 16:45 UTCVietnamEconomic data
Președinta BCE, Christine Lagarde, explicații după ce a apărut cu bandaje pe față: „Nu e din cauza unui kickboxing în Thailanda. E un mic cancer de piele care trebuia îndepărtat” / Aceasta a anunțat că demisionează din funcție mai repede de termenG4Media29 October 2026, 16:42 UTCEconomic dataAnunțul făcut de Christine Lagarde privind plecarea sa de la Banca Centrală Europeană (BCE) în luna februarie a atras rapid atenția nu doar asupra datei plecării sale, ci și asupra celor două banda...