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Sterling rose toward 1.3520 against the dollar, extending a three-day winning streak, after Fed Governor Williams said slowing growth was paving the way for rate cuts. The dollar index fell toward 97.90.
BoE policymaker Mann supported keeping rates on hold for longer.
Dovish Fed signals weaken the dollar, which can ease dollar-denominated commodity costs for importers while lifting the pound.
fxstreet.comSagar DuaAug 28, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
