# Pound touches near 4-year high as Trump rattles dollar

> The pound briefly reached its strongest level against the dollar since October 2021, above $1.37. The move followed a report that Trump could name Powell's successor at the Fed earlier than expected. Concerns that a politically aligned Fed chair could be installed weighed on the dollar.

- Date: 2025-06-26 · published 2025-06-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24477-pound-touches-near-4-year-high-as-trump-rattles-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations of a more politically influenced Fed can weaken the dollar and raise commodity prices in dollar terms. Lower dollar values also make US exports cheaper for overseas feed buyers.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-31 | [AUD touches fresh two year high as US dollar downturn deepens - OFX](https://feedsoft.ai/events/51892-aud-touches-fresh-two-year-high-as-us-dollar-downturn-deepens-ofx.md) | +0.1% | +1.4% |
| DXY | 2017-07-31 | [Pound hits 10-month high of $1.32 on dollar's Trump slump](https://feedsoft.ai/events/70203-pound-hits-10-month-high-of-1-32-on-dollar-s-trump-slump.md) | +0.3% | -0.5% |
| DXY | 2025-06-30 | [Sterling holds ground near 4-year high as dollar weakens \| Moneycorp](https://feedsoft.ai/events/24479-sterling-holds-ground-near-4-year-high-as-dollar-weakens-moneycorp.md) | -0.0% | +0.8% |
| DXY | 2024-08-27 | [Pound hits two-year high on dollar, gains on euro \| Reuters](https://feedsoft.ai/events/29066-pound-hits-two-year-high-on-dollar-gains-on-euro-reuters.md) | +0.9% | -0.5% |
| DXY | 2017-07-31 | [Euro charges to 2 1/2-year high as dollar slumps - MarketWatch](https://feedsoft.ai/events/70183-euro-charges-to-2-1-2-year-high-as-dollar-slumps-marketwatch.md) | +0.3% | -0.5% |

## Sources

- bbc.com: https://www.bbc.com/news/articles/cjrlyve8dq8o

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