Before the Fed's decision and the release of the UK budget, the pound may continue to face pressure against the dollar
2026-10-27 23:37:23
CoinMeta data: Analyst Simon - Peter Massabni stated in a report that the pound may continue to face pressure against the dollar before the Federal Reserve's interest rate decision and the UK budget are announced on Wednesday. He pointed out that if the UK budget can boost market confidence in the country's fiscal situation, and if the Fed's stance on potential future interest rate hikes is not as hawkish as expected, the prospects for a rebound in the pound-dollar exchange rate will improve. Conversely, if the budget is disappointing and the Fed sends hawkish signals, the pound's correction could last longer.
Source:Jin10 Data
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