The post GBP/USD steady near 1.3100 amid US holiday-shortened trading week appeared on BitcoinEthereumNews.com. GBP/USD lost momentum on Monday, holding near 1.3100 as investors grapple with an extremely short week. US markets will be dark on Thursday for the American Thanksgiving holiday, and US markets will also be shuttered early on Friday, effectively constraining Cable traders to just a three-day trading week where markets on both sides of the Atlantic will be open at the same time. Broad market hopes for the Federal Reserve (Fed) to deliver a third straight interest rate cut in December are holding on the high side on Monday. According to the CME’s FedWatch Tool, rate traders are pricing in nearly 80% odds of a 25-basis-point rate trim on December 10. There’s still plenty of wiggle room, however, with over 98% odds that the Fed will deliver another rate cut by January 28 if a December cut fails to materialize. Thanks to the longest US government shutdown in history, the Bureau of Labor Statistics (BLS) has delayed the release of October and November labor and employment data until after the Fed’s interest rate decision. It will hold the key figures back until December 16. This leaves the Fed with little meaningful data to gauge interest rate moves, and it could vex hopes of a rate cut in the coming weeks. US Producer Price Index (PPI) data due Tuesday could attract more market attention than usual. Still, the well-defined inflation category specifically excludes foreign-made or imported goods. It will provide little direct information on how the Trump administration’s scattershot tariff policies are affecting business costs beyond indirect price impacts. GBP/USD daily chart Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting… The post GBP/USD steady near 1.3100 amid US holiday-shortened trading week appeared on BitcoinEthereumNews.com. GBP/USD lost momentum on Monday, holding near 1.3100 as investors grapple with an extremely short week. US markets will be dark on Thursday for the American Thanksgiving holiday, and US markets will also be shuttered early on Friday, effectively constraining Cable traders to just a three-day trading week where markets on both sides of the Atlantic will be open at the same time. Broad market hopes for the Federal Reserve (Fed) to deliver a third straight interest rate cut in December are holding on the high side on Monday. According to the CME’s FedWatch Tool, rate traders are pricing in nearly 80% odds of a 25-basis-point rate trim on December 10. There’s still plenty of wiggle room, however, with over 98% odds that the Fed will deliver another rate cut by January 28 if a December cut fails to materialize. Thanks to the longest US government shutdown in history, the Bureau of Labor Statistics (BLS) has delayed the release of October and November labor and employment data until after the Fed’s interest rate decision. It will hold the key figures back until December 16. This leaves the Fed with little meaningful data to gauge interest rate moves, and it could vex hopes of a rate cut in the coming weeks. US Producer Price Index (PPI) data due Tuesday could attract more market attention than usual. Still, the well-defined inflation category specifically excludes foreign-made or imported goods. It will provide little direct information on how the Trump administration’s scattershot tariff policies are affecting business costs beyond indirect price impacts. GBP/USD daily chart Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting…

GBP/USD steady near 1.3100 amid US holiday-shortened trading week

GBP/USD lost momentum on Monday, holding near 1.3100 as investors grapple with an extremely short week. US markets will be dark on Thursday for the American Thanksgiving holiday, and US markets will also be shuttered early on Friday, effectively constraining Cable traders to just a three-day trading week where markets on both sides of the Atlantic will be open at the same time.

Broad market hopes for the Federal Reserve (Fed) to deliver a third straight interest rate cut in December are holding on the high side on Monday. According to the CME’s FedWatch Tool, rate traders are pricing in nearly 80% odds of a 25-basis-point rate trim on December 10. There’s still plenty of wiggle room, however, with over 98% odds that the Fed will deliver another rate cut by January 28 if a December cut fails to materialize.

Thanks to the longest US government shutdown in history, the Bureau of Labor Statistics (BLS) has delayed the release of October and November labor and employment data until after the Fed’s interest rate decision. It will hold the key figures back until December 16. This leaves the Fed with little meaningful data to gauge interest rate moves, and it could vex hopes of a rate cut in the coming weeks.

US Producer Price Index (PPI) data due Tuesday could attract more market attention than usual. Still, the well-defined inflation category specifically excludes foreign-made or imported goods. It will provide little direct information on how the Trump administration’s scattershot tariff policies are affecting business costs beyond indirect price impacts.

GBP/USD daily chart

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data.
Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates.
When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money.
When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP.
A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Source: https://www.fxstreet.com/news/gbp-usd-steady-near-13100-amid-us-holiday-shortened-trading-week-202511242350

Piyasa Fırsatı
NEAR Logosu
NEAR Fiyatı(NEAR)
$1,552
$1,552$1,552
-0,44%
USD
NEAR (NEAR) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Paylaş
BitcoinEthereumNews2025/09/18 03:14
Kodiak Sciences Announces Pricing of Upsized Public Offering of Common Stock

Kodiak Sciences Announces Pricing of Upsized Public Offering of Common Stock

PALO ALTO, Calif., Dec. 16, 2025 /PRNewswire/ — Kodiak Sciences Inc. (Nasdaq: KOD), a precommercial retina focused biotechnology company committed to researching
Paylaş
AI Journal2025/12/17 12:15
Oil jumps over 1% on Venezuela oil blockade

Oil jumps over 1% on Venezuela oil blockade

Oil prices rose more than 1 percent on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering
Paylaş
Agbi2025/12/17 11:55