# Sterling slips after dollar rebound; focus on Bank of England | Financial Post

> Sterling slipped after the dollar strengthened following the Federal Reserve's decision to keep rates on hold, which disappointed investors expecting more easing. Attention then turned to the Bank of England's policy meeting and minutes, with bleak economic projections expected amid Brexit and COVID-19 risks.

- Date: 2020-09-17 · published 2020-09-17T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/51374-sterling-slips-after-dollar-rebound-focus-on-bank-of-england-financial-post
- 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 stronger dollar after the Fed hold raises the cost of dollar-priced feed imports for non-US buyers. The effect on grain and feed prices is limited.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-31 | [Yen declines on year-end U.S. dollar demand \| Financial Post](https://feedsoft.ai/events/54348-yen-declines-on-year-end-u-s-dollar-demand-financial-post.md) | +0.7% | +0.5% |
| DXY | 2023-01-25 | [Sterling slips after data shows UK manufacturers cut prices \| Financial Post](https://feedsoft.ai/events/38019-sterling-slips-after-data-shows-uk-manufacturers-cut-prices-financial-post.md) | -0.1% | +1.5% |
| DXY | 2025-09-19 | [Dollar extends post-Fed rebound; sterling hit by fiscal worries \| Reuters](https://feedsoft.ai/events/23081-dollar-extends-post-fed-rebound-sterling-hit-by-fiscal-worries-reuters.md) | +0.7% | +0.9% |
| DXY | 2024-07-31 | [Strong July Pound Sterling Buying Stalls as Traders Focus on Bank of England \| Currency News UK](https://feedsoft.ai/events/29547-strong-july-pound-sterling-buying-stalls-as-traders-focus-on-bank-of-england.md) | -0.5% | -1.9% |
| DXY | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | +0.1% | -0.4% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/sterling-slips-after-dollar-rebound-focus-on-bank-of-england

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