# Sterling slips vs euro after scant progress in Brexit talks - Markets - Business Recorder

> Sterling slipped against the euro after British and EU Brexit negotiators reported no real progress on a post-transition trade deal. The pound rose 0.16% to $1.3111 against a weakening dollar in thin August trade.

- Date: 2020-08-24 · published 2020-08-24T12:00:00.000Z
- Category: geopolitics · region UK · magnitude low
- Page: https://feedsoft.ai/events/51865-sterling-slips-vs-euro-after-scant-progress-in-brexit-talks-markets-business
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising risk of a no-deal Brexit adds currency volatility for UK feed importers but has no clear direct effect on grain or feed prices.

## Read by commodity

- DXY: bearish ▼
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-03-31 | [Asian markets rally as geopolitical fears ease; Thai cenbank holds rates - Business & Finance - Business Recorder](https://feedsoft.ai/events/42512-asian-markets-rally-as-geopolitical-fears-ease-thai-cenbank-holds-rates.md) | +0.8% | +3.8% |
| DXY | 2022-03-11 | [Euro rises as Putin sees 'positive shifts' in talks](https://feedsoft.ai/events/9529-euro-rises-as-putin-sees-positive-shifts-in-talks.md) | -0.6% | -0.3% |
| DXY | 2019-01-16 | [Brexit bedlam: May's EU divorce deal crushed by 230 votes in parliament](https://feedsoft.ai/events/61329-brexit-bedlam-may-s-eu-divorce-deal-crushed-by-230-votes-in-parliament.md) | +0.2% | +0.5% |
| DXY | 2026-03-25 | [Gold rises over 2% on softer dollar, easing fears of higher interest rates \| Commodity News - Business Standard](https://feedsoft.ai/events/20076-gold-rises-over-2-on-softer-dollar-easing-fears-of-higher-interest-rates.md) | +0.8% | -1.4% |
| DXY | 2026-01-22 | [Stocks rise as dollar dips after Trump's walk-back of Greenland threats \| Reuters](https://feedsoft.ai/events/7349-stocks-rise-as-dollar-dips-after-trump-s-walk-back-of-greenland-threats-reuters.md) | -1.5% | -0.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40014117

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