British Pound loses grip as Fed hawks stay in charge

The Pound Sterling (GBP) retreats by some 0.17% on Monday as the US Dollar (USD) trades in the green following last week’s Federal Reserve (Fed) rate hike, which widened the interest rate differential between the US and the UK, while still-high energy prices put pressure on major central banks to ra

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-21
• rates

Topics: gold news, gold price impact, rates