Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 13 - 03:55 AM

GBP/USD - Falls To Fresh 14-Month Low As King Dollar Reigns

By Robert Howard  —  Jan 13 - 02:34 AM

• Cable drops to fresh 14-month low of 1.2124 (Friday's low was 1.2194)

• USD continues to benefit from Friday's strong US jobs data

• Strong US jobs growth raises doubts about further Fed rate cuts

• Gilt yields rose sharply last week, to the detriment of GBP

• On Saturday, Reeves said she will act to ensure UK fiscal rules are met

• GBP/USD bids may emerge around 1.2100 (1.2096 was Nov 2023 low)

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!