# Sterling nears one-month low as investors bet on BoE rate cuts   | Reuters

> Sterling was little changed at $1.3468, near Thursday's one-month low of $1.3435, and was on track for a roughly 1.3% weekly decline. Inflation eased to its lowest level in close to a year, and a weakening UK labour market kept investors betting on further Bank of England rate cuts.

- Date: 2026-02-20 · published 2026-02-20T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/20858-sterling-nears-one-month-low-as-investors-bet-on-boe-rate-cuts-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations of BoE easing weaken sterling against the dollar, which has little direct effect on feed grain prices but can shift the cost of UK-linked imports and the dollar's broader pull on dollar-denominated commodities.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-nears-one-month-low-investors-bet-boe-rate-cuts-2026-02-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.