Sterling Slides as French Fiscal Shock Lifts Dollar Demand, Despite Softer US Services Data

by VT Markets
/
Oct 6, 2026

Sterling slipped at the start of the week, falling by over 0.19% against the US Dollar as a fiscal shock in France helped lift demand for the Greenback. The GBP/USD pair was trading at 1.3218 at the time of writing, with price action leaning in favour of the Dollar.

US Dollar Strengthens Despite Soft Data

The move came despite a dip in US services sector activity. Elevated US Treasury yields underpinned the Dollar, keeping it supported even as the services data softened.

see more

Back To Top
server

Hello there 👋

How can I help you?

We're here to help

Chat with us

Start a live conversation through...

  • Telegram
    hold On hold
  • Coming Soon...

Hello there 👋

How can I help you?

telegram

Our Telegram app is currently under maintenance, we apologize for the inconvenience. For immediate assistance, please contact us via our website live support or by email at info@vtmarkets.com.