GBP rebounds as weak NFP kills October Fed rate hike odds
The Pound Sterling rose over 0.41% against the US Dollar after a worse-than-expected September Nonfarm Payrolls report pushed the US Unemployment Rate higher, knocking out bets on an October Fed rate hike. GBP/USD traded at 1.3250 after bouncing from below 1.3200.
Original · FXStreet AI summary of public reporting
Why: Weak NFP kills Oct Fed hike bets → boosts GBP
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Prices since publication
At publication → CurrentGBP1.323 → 1.324+0.1%
EUR1.126 → 1.12−0.5%