# Pound slips as growth worries complicate BoE rate decision

> The pound touched its lowest level in more than two weeks against the dollar and euro on November 1. Uncertainty over the Bank of England's policy stance and a post-Brexit dispute with France over fishing weighed on it. Rising German and US inflation had already repriced rate expectations in those markets.

- Date: 2021-11-01 · published 2021-11-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/44292-pound-slips-as-growth-worries-complicate-boe-rate-decision
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Sterling weakness against the dollar makes dollar-priced commodities marginally more expensive for UK buyers. The impact on global feed prices is small.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/britain-sterling-idUSL1N2RS1OI/

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