Forex
Dollar Halts Six-Day Rally After Fed Hike, Sterling Slides as BoE Holds
The US dollar's six-session rally ran out of steam on September 17, 2026, after the Federal Reserve delivered its latest rate hike — a classic 'buy the rumour, sell the fact' unwind. Meanwhile, sterling came under renewed pressure after the Bank of England opted to hold rates, signalling a clear policy divergence between Washington and London.