# Sterling Buyers Push Pound Higher Vs Euro And Dollar On BoE Vlieghe Comments | Exchange Rates UK

> Sterling rose against the euro and dollar on May 27 after BoE MPC member Gertjan Vlieghe said a rate rise could come in early 2022 if the recovery is stronger than expected. The pound/dollar rate moved from 1.4120 to 1.4170. Vlieghe said his central case was a later rate rise.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/47344-sterling-buyers-push-pound-higher-vs-euro-and-dollar-on-boe-vlieghe-comments
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations of earlier BoE tightening support sterling, which changes the relative cost of UK imports priced in dollars. The effect on feed commodity prices is limited.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/33057/2021-05-27-sterling-buyers-push-pound-higher-vs-euro-and-dollar-on-boe-vlieghe-comments.html

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