GBP softens below 1.3300 after hot US PPI
The GBP/USD pair declines to around 1.3270 after US September PPI data came in hotter than expected, supporting the USD. Markets now eye upcoming speeches from BoE's Bailey and Fed's Warsh.
Original · FXStreet AI summary of public reporting
Why: Hot US PPI supports USD → weighs on GBP
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At publication → CurrentGBP1.327 → 1.332+0.3%