Sterling rose on Tuesday, with GBP/USD up 0.35% to $1.3352 and EUR/USD up 0.19% to $1.1233, as the dollar consolidated in quiet trading. ING's Chris Turner said energy prices and French fiscal risks remain unresolved, and expects the DXY dollar index to find support at 101.50/60. He named Coreweave's 2032 bond, trading at 80 cents on the dollar, as the main threat to dollar strength. In the UK, unemployment fell to 4.7% in the three months to August, below the 4.9% forecast, but vacancies fell 2.9% to 691,000 and pay growth slowed to 3.7%, so sterling's gain looked driven more by dollar softness than UK fundamentals.
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pound sterlingUS dollarexchange ratesunemploymentUK
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Related tickers and likely impact
GBP/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 1.33040 |
| Change that session | -0.20% |
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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