# Sterling rises above 2021 lows as central bank eyed

> Sterling rose 0.2% to $1.3320 after touching a fresh 2021 low the previous day. Traders doubted the Bank of England would raise rates at its December meeting after a new coronavirus variant emerged.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/43863-sterling-rises-above-2021-lows-as-central-bank-eyed
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Doubts over BoE tightening kept the pound weak against the dollar. This is a routine currency move with little direct effect on feed markets.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/europe/sterling-consolidates-above-2021-lows-central-bank-eyed-2021-12-01/?taid=61a7a43d838dea0001e27b02

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