
GBP/USD Under Pressure Near 1.3525 as Hot PPI Puts Fed Hike in Play
GBP/USD under pressure near 1.3525 (−0.17%) as hot PPI keeps a September Fed hike in play. FedWatch nearly 70% chance of a 25 bp increase; Brent above $100.
USD/CAD near 1.3815 after a 1.3835 high as the loonie firms and WTI extends near $97.20. FedWatch ~64% chance of a 25 bp hike on this stamp; DXY ~98.96.

The Canadian dollar firmed into the US session as the greenback lost momentum and oil extended its rally.
USD/CAD trades around 1.3815 after an intraday high of 1.3835.
WTI around $97.20 per barrel, up more than 8% so far this week. DXY around 98.96 after an intraday high of 99.20. CME FedWatch Tool (this piece): around a 64% probability of a 25 bp increase at the September 15–16 meeting.
Follows WTI toward $97.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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GBP/USD under pressure near 1.3525 (−0.17%) as hot PPI keeps a September Fed hike in play. FedWatch nearly 70% chance of a 25 bp increase; Brent above $100.

USD/INR hits a fresh 10-day high at 95.47 as oil extends its rally on intact US–Iran tensions. RBI still intervening in spot and NDF; FCNR mobilisation stamped at $136.38bn.

AUD/USD eases to the 0.7160 area (tech 0.7167) from a ~0.7220 peak as hot PPI firms the dollar. China ~$54B financial stimulus and RBA hike bets still support; oil near $100.