British Pound falls below 1.34 as hot US CPI puts 50-bps Fed hike in play
The Pound Sterling (GBP) dives over 0.40% against the US Dollar (USD) on Tuesday as hot US inflation suggests the Federal Reserve’s (Fed) job is not done.
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British Pound falls below 1.34 as hot US CPI puts 50-bps Fed hike in play
TradeNews USA cash-and-futures note (2026-11-10): The Pound Sterling (GBP) dives over 0.40% against the US Dollar (USD) on Tuesday as hot US inflation suggests the Federal Reserve’s (Fed) job is not done. Primary source: original at FXStreet (fxstreet.com).