{"id":876993,"date":"2025-10-12T00:11:56","date_gmt":"2025-10-12T05:11:56","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/12\/pound-sterling-price-news-and-forecast-gbp-usd-hits-a-two-month-low-as-uk-fiscal-concerns-weigh\/"},"modified":"2025-10-12T00:11:56","modified_gmt":"2025-10-12T05:11:56","slug":"pound-sterling-price-news-and-forecast-gbp-usd-hits-a-two-month-low-as-uk-fiscal-concerns-weigh","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/12\/pound-sterling-price-news-and-forecast-gbp-usd-hits-a-two-month-low-as-uk-fiscal-concerns-weigh\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD hits a two-month low as UK fiscal concerns weigh"},"content":{"rendered":"
\n

GBP\/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength<\/h2>\n

GBP\/USD retreats toward 1.3280 during Friday\u2019s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France. The US Dollar Index (DXY) holds near Thursday\u2019s two-month high of 99.56, limiting any rebound of the Cable.<\/p>\n

Despite rising expectations for further interest rate cuts by the Federal Reserve (Fed) before year-end, the Greenback remains in demand. According to the CME FedWatch tool, markets assign over an 80% chance of a 50-basis-point rate cut by December. Read more…<\/a><\/p>\n

Pound Sterling struggles to stabilize against US Dollar despite dovish Fed remarks<\/h2>\n

The Pound Sterling (GBP) strives to gain ground against the US Dollar (USD) during Friday’s European trading session after posting a fresh two-month low around 1.3280 earlier in the day. The outlook of the GBP\/USD pair remains vulnerable as the US Dollar trades firmly, with an increase in its safe-haven demand following political developments in Japan and France.<\/p>\n

At the press time, the US Dollar Index (DXY), which tracks the Greenback\u2019s value against six major currencies, clings to gains near a fresh two-month high of 99.56 posted on Thursday. Read more…<\/a><\/p>\n

\n

<\/p>\n<\/div>\n

GBP weak and underperforming most G10 currencies \u2013 Scotiabank<\/h2>\n

The Pound Sterling (GBP) is weak, down 0.2% against the US Dollar (USD) and underperforming all of the G10 currencies with the exception of NOK, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.<\/p>\n

“There have been no major domestic data releases and UK-US yield spreads remain steady. Sentiment appears to be dominating as we note the renewed decline in 3M risk reversals, building a greater premium for protection against GBP weakness.” Read more…<\/a><\/p>\n<\/div>\n

Read More<\/a>
\n Blythe Stoval<\/p>\n","protected":false},"excerpt":{"rendered":"

GBP\/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength GBP\/USD retreats toward 1.3280 during Friday\u2019s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France. The US Dollar Index (DXY) holds near Thursday\u2019s two-month high of<\/p>\n","protected":false},"author":1,"featured_media":876994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":{"0":"post-876993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pound","8":"category-sterling"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/876993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=876993"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/876993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/876994"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=876993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=876993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=876993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}