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10 Sept 2026 · 18:27 GMT+3

British Pound under pressure as hot PPI puts Fed hike in play

The Pound Sterling (GBP) loses traction against the US Dollar (USD) on Thursday after the latest US producer inflation report, which exceeded estimates, prompting investors to price in a more hawkish Federal Reserve (Fed). At the time of writing, GBP/USD trades at 1.3525, down 0.17%.

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