Russia Producer Price Index (YoY): -3.3% (December) vs previous -1.1%

Jan 28, 2026

GBP/USD pulls back from 1.3868 highs as Dollar rebounds ahead of Fed

The GBP/USD retreats after posting four-year highs of 1.3868 on Tuesday, edges below the 1.3800 mark as traders await the monetary policy decision of the Federal Reserve. At the time of writing, the pair trades at 1.3798, down 0.32%.

Russia Producer Price Index (YoY): -3.3% (December) vs previous -1.1%

GBP/USD pulls back from 1.3868 highs as Dollar rebounds ahead of Fed

Russia Producer Price Index (MoM) declined to -1.6% in December from previous -0.9%