# British Pound: The sick man of the currency world

> A Reuters analysis describes sterling as the sick man of the currency world, citing the Ukraine war, inflation, and slowing growth. It notes the risk of a protracted trade war widening the current account deficit.

- Date: 2022-05-18 · published 2022-05-18T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/41643-british-pound-the-sick-man-of-the-currency-world
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Persistent sterling weakness raises the cost of dollar-priced imports for UK feed buyers. The effect on global commodity prices is minor.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/europe/british-pound-sick-man-currency-world-2022-05-18/

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