Jackson Hole | FX Rate

GBP/USD Slips as Middle East Tensions Lift Dollar

September 1, 2026September 1, 2026 by FX Rate Updates

GBP/USD has weakened to approximately 1.3550 during the early Asian session on Tuesday. Trump indicated that Washington would take action in response to Iranian attacks on US forces. The US ISM Manufacturing PMI report is scheduled for release on Tuesday, preceding the US jobs data. The GBP/USD pair is experiencing slight declines, hovering around 1.3550 … Read more

USD/CHF Steady as Hotter Inflation Lifts Fed Hike Bets

August 27, 2026 by FX Rate Updates

USD/CHF remains steady following robust inflation data that bolsters expectations for an additional rate hike by the Federal Reserve. Diplomatic progress between Iran and Oman alleviates tensions in the Middle East and mitigates near-term inflationary pressures. Switzerland’s August ZEW expectations index surged to 12.1, indicating two successive months of economic recovery. USD/CHF remains steady after … Read more