GBP/USD climbs to 1.3541 (+0.23%) on Labor Day thin liquidity as the dollar fades; a separate chart stamp is 1.3547. DXY is at 98.87 (−0.29%). Hormuz is not reopened.
The Pound Sterling rises over 0.23% with GBP/USD trading at 1.3541 amid thin trading as US markets remain closed for the Labor Day weekend. A separate daily-chart stamp on the same page puts GBP/USD at 1.3547. The US Dollar Index (DXY) is down 0.29% at 98.87.
UK Chancellor John Healey’s first major speech plans to give regions more power to attract private investment and pledges fiscal discipline — attributed on this page. US–Iran strikes near Hormuz keep energy-supply fears elevated and Fed hike odds in play ahead of US CPI and PPI. Hormuz is not reopened.
This is a separate URL from weekend US–Iran tanker strikes, GBP/JPY, post-NFP GBP, and Bailey GBP.
Also see: BoE's Bailey Flags Upside Inflation Risks; GBP/USD Edges Toward 1.3555.
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