# Sterling today: Pound firms as dollar retreats from Friday rally

> Sterling and the euro rose as the dollar gave back some of its gains from Friday, when a technology-led selloff and stronger-than-expected U.S. payrolls had supported the greenback. U.S. payrolls increased by 165,000, and markets priced in a possibility of a Federal Reserve rate hike in December.

- Date: 2026-11-09 · published 2026-11-09T12:09:22.456Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/89330-sterling-today-pound-firms-as-dollar-retreats-from-friday-rally
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A pullback in the dollar can lift the cost of dollar-denominated imports for buyers using other currencies, though the article reports no direct change in feed-commodity supply or demand.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-03-02 | [Euro Exchange Rate Reaches 5-Week-Best As Rivals Pound Sterling And Dollar See Large Losses \| Exchange Rates UK](https://feedsoft.ai/events/6188-euro-exchange-rate-reaches-5-week-best-as-rivals-pound-sterling-and-dollar-see.md) | +2.9% | +0.5% |
| EURUSD | 2022-09-28 | [Sterling, euro rally against dollar after Bank of England buys UK bonds](https://feedsoft.ai/events/39830-sterling-euro-rally-against-dollar-after-bank-of-england-buys-uk-bonds.md) | +3.8% | +4.7% |
| EURUSD | 2022-12-15 | [Sterling falls against dollar and euro on 'dovish' UK rate hike](https://feedsoft.ai/events/38477-sterling-falls-against-dollar-and-euro-on-dovish-uk-rate-hike.md) | -0.5% | +1.5% |
| EURUSD | 2022-11-07 | [Euro, sterling bounce, dollar drops as investors cash in](https://feedsoft.ai/events/6252-euro-sterling-bounce-dollar-drops-as-investors-cash-in.md) | +4.5% | +6.1% |
| EURUSD | 2020-03-01 | [Dollar retreats as coronavirus fallout raises expectations of rate cut](https://feedsoft.ai/events/54508-dollar-retreats-as-coronavirus-fallout-raises-expectations-of-rate-cut.md) | +2.9% | +0.5% |
| DXY | 2021-08-31 | [Sterling retreats from two-week high, driven by dollar](https://feedsoft.ai/events/45809-sterling-retreats-from-two-week-high-driven-by-dollar.md) | -0.2% | +0.9% |
| DXY | 2018-06-20 | [Dollar retreats from 11-month high; sterling rises after BOE](https://feedsoft.ai/events/64786-dollar-retreats-from-11-month-high-sterling-rises-after-boe.md) | -0.3% | -0.3% |
| DXY | 2025-08-28 | [Pound Sterling rises against US Dollar as Fed Willians hints potential rate cuts](https://feedsoft.ai/events/23594-pound-sterling-rises-against-us-dollar-as-fed-willians-hints-potential-rate-cuts.md) | +0.0% | -0.2% |

## Sources

- investing.com: https://www.investing.com/news/forex-news/sterling-today-pound-firms-as-dollar-retreats-from-friday-rally-5010899

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.