US Dollar17 Oct 2026
Sterling Strengthens as the Dollar Retreats, but Inflation Remains a Concern
Sterling Strengthens as the Dollar Retreats, but Inflation Remains a Concern
By Prem Raja · 6 min read
Author
Prem Raja
Founder & Editor, The Currency Desk · London, United Kingdom
Prem Raja is a foreign exchange market specialist, financial commentator and the founder of The Currency Desk. With more than 15 years in the FX industry, he has advised private individuals, businesses, property investors and high net worth clients on international payments, currency risk management and FX strategy. He holds the CISI Level 4 Investment Advice Diploma (IAD) and is known for balanced, data-driven commentary that translates complex economic events into plain English.
Latest by Prem Raja
Euro11 Oct 2026
Sterling Finds Support Against the Euro, but October Risks Remain
French fiscal concerns have pushed GBP/EUR above 1.18, while US inflation and UK growth figures take focus ahead of the Fed decision and October Budget.
By Prem Raja · 4 min read
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A Quieter Calendar, But Plenty of Questions for Sterling and the Dollar.
Last week marked the end of Q3 and the beginning of the final quarter of the year, and we saw a fair amount of volatility across both Sterling and US Dollar pairs.
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Sterling Heads Into October With The Budget Looming
As we head into October, I think the biggest domestic risk facing Sterling over the next month is becoming fairly clear: the UK Budget on 28 October.
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Macro19 Sept 2026
After the Rate Decisions, Where Do Currency Markets Go Next?
Last week was probably one of the most important we have had for monetary policy in quite a while and, fortunately, the three major central-bank decisions did not deliver any major surprises.
By Prem Raja · 5 min read
Macro13 Sept 2026
Three Central Banks, Three Rate Decisions: A Huge Week for FX
The Fed, Bank of England and Bank of Japan all meet this week, with UK employment and inflation data adding to what could be one of September's most volatile weeks for currencies.
By Prem Raja · 5 min read
Euro5 Sept 2026
Rate Hikes Are Back on the Table. What Does That Mean for Currency Markets?
The Fed weighs inflation after a stronger NFP report, the ECB prepares to raise rates, and the Bank of Japan faces growing pressure to act.
By Prem Raja · 4 min read
Macro30 Aug 2026
Jackson Hole Changes the Fed Debate as Markets Head Into September
Last week ended with the Jackson Hole Symposium, where Kevin Warsh delivered his first address at the event as Federal Reserve Chair.
By Prem Raja · 4 min read
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Why the Pound Looks Strong Against the Dollar, but Not Against the Euro
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By Prem Raja · 4 min read