# Pound Dips Amid Stable Dollar And High Inflation In Britain - Finimize

> On June 26 the pound slipped 0.2% to $1.2661 as the dollar held firm ahead of US PCE inflation data. Sterling has lost only 0.4% against the dollar this year, less than the euro and yen.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/30045-pound-dips-amid-stable-dollar-and-high-inflation-in-britain-finimize
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Routine FX moves with no new cause. A slightly weaker pound marginally lowers the dollar cost of UK imports and has little effect on feed prices.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- finimize.com: https://finimize.com/content/pound-dips-amid-stable-dollar-and-high-inflation-in-britain

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