{
  "id": 667372,
  "title": "Pound Sterling retains gains as US CPI trims September Fed hike odds",
  "url": "https://urgent.news/2026/08/12/pound-sterling-retains-gains-as-us-cpi-trims-september-fed-hike-odds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T13:41:04.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/pound-sterling-retains-gains-as-us-cpi-trims-september-fed-hike-odds-202608121341"
  },
  "original_language": "en",
  "account": null,
  "summary": "GBP/USD trades higher as US CPI trims September Fed hike odds. The US Dollar experiences mild pressure following the release of latest inflation figures, which broadly match expectations. At the time of writing, GBP/USD trades around 1.3523, near its highest level since July 16. The headline CPI rose 0.1% in July after falling 0.4% in June, with the annual rate easing to 3.4% from 3.5%. Core CPI increased 0.2% MoM following a flat reading in June, while the yearly rate slowed to 2.5% from 2.6%. The US Dollar Index (DXY) trades around 99.67, down 0.15% on the day, while US Treasury yields edge lower across the curve.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Canadian Dollar trims gains, US Dollar firms up ahead of US CPI numbers",
        "url": "https://urgent.news/2026/08/12/canadian-dollar-trims-gains-us-dollar-firms-up-ahead-of-us-cpi-numbers",
        "published": "2026-08-12T07:57:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}