# GBP/USD - Dollar strengthens after FOMC minutes, UK inflation a concern | MarketPulse by OANDA Group

> The dollar strengthened after minutes from the US Federal Open Market Committee showed policymakers divided on interest rates. UK inflation was also flagged as a concern for the Bank of England. The article is a short market commentary on sterling-dollar moves.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36192-gbp-usd-dollar-strengthens-after-fomc-minutes-uk-inflation-a-concern
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar strength makes US-priced feed commodities relatively more expensive for importers, but this is routine currency commentary with no new supply or demand driver.

## Read by commodity

- DXY: bullish ▲

## Sources

- marketpulse.com: https://www.marketpulse.com/news/gbpusd-dollar-strengthens-after-fomc-minutes-uk-inflation-a-concern/

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