# Pound Sterling slumps against US Dollar as traders pare Fed dovish bets

> Sterling slid to near 1.3200 against the dollar on July 31, 2025, extending a six-day losing streak. Traders pared bets on Fed rate cuts after strong US GDP and ADP employment data, and the dollar index hovered near a two-month high around 100.00.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24023-pound-sterling-slumps-against-us-dollar-as-traders-pare-fed-dovish-bets
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Reduced Fed easing bets support the dollar, which tends to weigh on dollar-priced grains and oilseeds, and softer Fed expectations can also dampen commodity investment flows.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-03-15 | [Euro Slumps against Pound and Dollar as European Banking Fears Rise](https://feedsoft.ai/events/10082-euro-slumps-against-pound-and-dollar-as-european-banking-fears-rise.md) | -0.1% | -1.2% |
| DXY | 2022-09-01 | [Pound Slumps to Fresh Two-year Lows against Dollar](https://feedsoft.ai/events/40290-pound-slumps-to-fresh-two-year-lows-against-dollar.md) | +0.8% | +3.2% |
| DXY | 2025-03-31 | [Pound Sterling weakens against US Dollar ahead of Trump's reciprocal tariffs](https://feedsoft.ai/events/25837-pound-sterling-weakens-against-us-dollar-ahead-of-trump-s-reciprocal-tariffs.md) | -0.5% | -2.8% |
| DXY | 2025-07-29 | [Pound at 10-week low against dollar after US-EU trade deal](https://feedsoft.ai/events/24022-pound-at-10-week-low-against-dollar-after-us-eu-trade-deal.md) | +0.3% | -0.2% |
| DXY | 2017-11-02 | [Pound sterling (GBP) plunges against the dollar (USD) and euro (EUR) as Bank hikes interest rates](https://feedsoft.ai/events/68237-pound-sterling-gbp-plunges-against-the-dollar-usd-and-euro-eur-as-bank-hikes.md) | -0.1% | -1.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/pound-sterling-finds-cushion-as-us-dollar-takes-a-breather-from-recent-rally-202507310751

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