British Pound four-day slide deepens as US yields fuel US Dollar rally

The Pound Sterling (GBP) drops for the fourth straight trading day versus the US Dollar (USD) on Thursday, down 0.21%, as Federal Reserve (Fed) officials remain hawkish and US jobs data shows labor market strength.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-24
• rates

Topics: gold news, gold price impact, rates