# Brexit and Covid-19 drive record sterling trading in latest Bank of England survey - Euromoney

> The Bank of England's semi-annual FX survey showed euro/sterling daily turnover hit a record in October 2020, averaging $82 billion. USD/GBP turnover rose 11% to $326 billion, driven by Brexit and pandemic volatility.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/48884-brexit-and-covid-19-drive-record-sterling-trading-in-latest-bank-of-england
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is a report on FX market activity with no direct effect on feed commodity supply, demand or prices.

## Sources

- euromoney.com: https://www.euromoney.com/article/284ut4pmbmu91xdy5nw8w/foreign-exchange/brexit-and-covid-19-drive-record-sterling-trading-in-latest-bank-of-england-survey/

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