Geopolitics Alpha

Sterling steady after UK GDP data; Fed official up next

Published . Updated .

Covered by 3 outlets: Reuters, Euronext Markets: Real-time Stock Market Data | live, TradingView.

Who covered it: Center 1 · Not rated 2. How we rate outlets

Key takeaways

  • By Javi West Larrañaga Nov 12 (Reuters) - The pound was little changed against the dollar on Thursday, after UK economic growth data matched expectations and markets awaited comments from a key Federal Reserve policymaker.
  • Exposed: TLT, IEF, EWU, FXB, JPM
  • Market reaction: TLT −1.5% on the day; IEF −0.7% on the day; DHI −2.1% on the day

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GEOPOLITICS ALPHASterling steady after UK GDP data;Fed official up nextGEOPOLITICS ALPHA

By Javi West Larrañaga Nov 12 (Reuters) - The pound was little changed against the dollar on Thursday, after UK economic growth data matched expectations and markets awaited comments from a key Federal Reserve policymaker. Sterling was down 0.06% at $1.3271, but edged up to

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF+0.2% 17d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF+0.1% 17d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • UUP Invesco DB US Dollar Index Bullish Fund+1.9% 30d

    Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “the dollar” (currencies) in this story.

  • EWU iShares MSCI United Kingdom ETF-1.0% 13d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).

  • FXB Invesco CurrencyShares British Pound Trust+1.5% 6d

    Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers.

  • JPM JPMorgan Chase-1.4% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-12.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+4.2% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+1.21%+1.27%base-1.49%after closeafter closeafter close
IEF+1.16%+0.95%base-0.70%after closeafter closeafter close
UUPNo price data for this ticker———————
EWU+0.13%+1.05%base-0.18%after closeafter closeafter close
FXB+0.00%+0.00%base—after closeafter closeafter close
JPM-1.72%-0.42%base-0.17%after closeafter closeafter close
BAC-1.69%-0.16%base-0.24%after closeafter closeafter close
DHI+6.90%+5.54%base-2.07%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Sterling steady after UK GDP data; Fed official up next Reuters

Source: Reuters

Price since this story was published: Ishares Tr (TLT)

CompanyWhenMoveStatus
Bank Of America (BAC)that day-0.24%final price
Bank Of America (BAC)three days earlier-0.16%final price
Bank Of America (BAC)five days earlier-1.69%final price
Horton D R (DHI)that day-2.07%final price
Horton D R (DHI)three days earlier+5.54%final price
Horton D R (DHI)five days earlier+6.90%final price
Ishares Tr (EWU)that day-0.18%final price
Ishares Tr (EWU)three days earlier+1.05%final price
Ishares Tr (EWU)five days earlier+0.13%final price
Invesco CurrencyShares British Pound Sterling Trust (FXB)three days earlier0.00%final price
Invesco CurrencyShares British Pound Sterling Trust (FXB)five days earlier0.00%final price
Ishares Tr (IEF)that day-0.70%final price
Ishares Tr (IEF)three days earlier+0.95%final price
Ishares Tr (IEF)five days earlier+1.16%final price
Jpmorgan Chase (JPM)that day-0.17%final price
Jpmorgan Chase (JPM)three days earlier-0.42%final price
Jpmorgan Chase (JPM)five days earlier-1.72%final price
Ishares Tr (TLT)that day-1.49%final price
Ishares Tr (TLT)three days earlier+1.27%final price
Ishares Tr (TLT)five days earlier+1.21%final price

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Who is named in “Sterling steady after UK GDP data; Fed official up next”

Companies carried with this story

  • TLT Ishares Tr

    In “Sterling steady after UK GDP data; Fed official up next,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • IEF Ishares Tr

    For “Sterling steady after UK GDP data; Fed official up next,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • EWU Ishares Tr

    Ishares Tr (EWU) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Sterling steady after UK GDP data; Fed official up next.” Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”)

  • FXB Invesco CurrencyShares British Pound Sterling Trust

    In “Sterling steady after UK GDP data; Fed official up next,” Invesco CurrencyShares British Pound Sterling Trust (FXB) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers

  • JPM Jpmorgan Chase

    In “Sterling steady after UK GDP data; Fed official up next,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • BAC Bank Of America

    For “Sterling steady after UK GDP data; Fed official up next,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • DHI Horton D R

    In “Sterling steady after UK GDP data; Fed official up next,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • SCHW Schwab Charles

    In “Sterling steady after UK GDP data; Fed official up next,” Schwab Charles (SCHW) is linked, with no stored direction, medium confidence. Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

How “Sterling steady after UK GDP data; Fed official up next” reaches Ishares Tr (TLT)

“Sterling steady after UK GDP data; Fed official up next” (12 Nov 2026) reaches Ishares Tr (TLT) through this story.

Ishares Tr (TLT) is on the page because iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

Ishares Tr (IEF) is here too. Its reason reads: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

Dates in the story, and the Ishares Tr (TLT) price range

EWU traded between 45.65 and 47.21 across 11 sessions. The latest close on file is 46.84. IEF traded between 88.64 and 90.69 across 15 sessions. The latest close on file is 90.08. TLT traded between 76.44 and 80.56 across 15 sessions. The latest close on file is 79.46.

How strong the case is around Ishares Tr (TLT)

62 out of 100

“Sterling steady after UK GDP data; Fed official up next” scores 62 out of 100. The score uses 3 sources, and 8 linked companies.