# Sterling heads for its first monthly loss since September - Financial Post

> Sterling held steady on February 24 but was on track for its first monthly loss since September, down 2.4% in February. UK consumer sentiment improved, and the pound traded near $1.20 with the yen weakening in parallel.

- Date: 2023-02-24 · published 2023-02-24T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/37572-sterling-heads-for-its-first-monthly-loss-since-september-financial-post
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is routine currency commentary with no new feed-relevant driver. Any effect on feed costs would come only through small exchange-rate shifts.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/news/sterling-heads-for-its-first-monthly-loss-since-september-2/

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