# Sterling rises from 11-month low; investors focus on Brexit and BoE | Reuters

> Sterling rose 0.1% to $1.34265 on November 15, recovering from an 11-month low hit the previous Friday. Investors focused on Brexit talks over Northern Ireland and on the likelihood of a Bank of England rate rise next month.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/44290-sterling-rises-from-11-month-low-investors-focus-on-brexit-and-boe-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer pound against the dollar slightly eases the dollar's pressure on dollar-priced commodities. The move is driven by UK monetary and political factors rather than farm supply or demand.

## Read by commodity

- DXY: neutral
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-02-01 | [Sterling surges on data boost, more Brexit hope](https://feedsoft.ai/events/72734-sterling-surges-on-data-boost-more-brexit-hope.md) | +0.2% | +0.2% |
| DXY | 2021-09-23 | [BoE sees growing case for rate rise as inflation to stay higher for longer \| Reuters](https://feedsoft.ai/events/45307-boe-sees-growing-case-for-rate-rise-as-inflation-to-stay-higher-for-longer.md) | +1.0% | -0.0% |
| DXY | 2017-03-29 | [Sterling fluctuates amid Brexit anxiety; major volatility expected in coming months](https://feedsoft.ai/events/72228-sterling-fluctuates-amid-brexit-anxiety-major-volatility-expected-in-coming.md) | +0.5% | +0.1% |
| DXY | 2020-02-26 | [USD: Focus on the Fed - ING: Analytics and Market news from 26 February 2020 11:19](https://feedsoft.ai/events/54778-usd-focus-on-the-fed-ing-analytics-and-market-news-from-26-february-2020-11-19.md) | -0.6% | +7.0% |
| DXY | 2026-07-30 | [Dollar Slides After Fed Holds Rates Steady; BoE and BoJ Take Center Stage \| Investing.com](https://feedsoft.ai/events/18550-dollar-slides-after-fed-holds-rates-steady-boe-and-boj-take-center-stage.md) | -1.2% | -1.9% |

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-steady-investors-focus-brexit-impasse-over-n-ireland-2021-11-15/

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