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GBPUSD Swings as BOJ Eyes Rate Hike and Fed Pricing December Cut

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • BOJ signals a possible rate hike next month while the Fed is priced for a December cut amid dovish Fed chair expectations.
  • GBPUSD showed volatility around UK's fiscal forecasts.
  • NZD and AUD rise on hawkish central bank signals; yen weakens despite BOJ talk of tightening.
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GBPUSD price history

1.35 +0.75% over the displayed period

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