# Sterling weakens versus dollar but stays close to over three-year high

> The pound slipped against a broadly stronger dollar on May 27 but stayed near a more-than-three-year high reached the previous day. Traders have reduced bets on Bank of England rate cuts, with 93.6% expecting the bank rate to be held at 4.25%.

- Date: 2025-05-27 · published 2025-05-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/24930-sterling-weakens-versus-dollar-but-stays-close-to-over-three-year-high
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Sterling and dollar moves shift the cost of US-priced feed ingredients for UK and European buyers, and a firmer pound reduces import costs for UK feed compounders.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-weakens-versus-dollar-stays-close-over-three-year-high-2025-05-27/

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