G10’s ‘surprise’ currency star could stumble as peers hike interest rates

The British pound has benefited from a resilient economy and rate hike expectations, but the BOE looks increasingly dovish while a crucial budget lies ahead. The British pound has largely shrugged off another change of government and geopolitical shocks to outperform many of its peers this year, but the currency's recent weakness could be set to deepen [1].

Sources

1. cnbc.com · G10’s ‘surprise’ currency star could stumble as peers hike interest rates Sep 9, 2026

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