# British Pound edges higher, US Dollar remains strong

> Sterling edged higher on Thursday but traded near a 21-month low against a dollar that had hit multi-year peaks against the yen and euro. The pound briefly fell below $1.25 for the first time since July 2020.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42088-british-pound-edges-higher-us-dollar-remains-strong
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A dollar near multi-year highs keeps dollar-priced feed imports expensive for UK and European buyers, a mild upward pressure on landed costs.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-28 | [Pound Slips on Stronger US Dollar](https://feedsoft.ai/events/18141-pound-slips-on-stronger-us-dollar.md) | -0.2% | +1.7% |
| DXY | 2016-08-31 | [Strong dollar remains anchor on prices](https://feedsoft.ai/events/12399-strong-dollar-remains-anchor-on-prices.md) | -1.2% | +0.3% |
| DXY | 2021-06-18 | [Hawkish Bullard sends US Dollar higher](https://feedsoft.ai/events/5935-hawkish-bullard-sends-us-dollar-higher.md) | -0.2% | +0.4% |
| DXY | 2024-06-24 | [Dollar Index (DXY) pushes higher on strong S&P PMI data](https://feedsoft.ai/events/30046-dollar-index-dxy-pushes-higher-on-strong-s-and-p-pmi-data.md) | +0.1% | -0.7% |
| DXY | 2023-04-19 | [Dollar firms as U.S. yields rise, high British inflation underpins pound \| Financial Post](https://feedsoft.ai/events/36664-dollar-firms-as-u-s-yields-rise-high-british-inflation-underpins-pound.md) | +0.4% | +0.1% |

## Sources

- globalbankingandfinance.com: https://www.globalbankingandfinance.com/sterling-steadies-near-21-month-low-against-strong-dollar/

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