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Sterling was down 2.2% in June and near its weakest level since November. Prime Minister Keir Starmer's resignation added political uncertainty, while traders cut expected Bank of England rate rises this year from two to one.
Fewer expected BoE hikes and UK political risk weigh on the pound against the dollar. The move matters to feed buyers mainly through dollar-denominated import costs for UK-linked trade.
finimize.comFinimize NewsroomJun 25, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
