# BoE Exchange Rates: Pound Sterling And FTSE 100 Plunge As BoE Expands QE But "Implies Big Slowdown In Growth Rate" | Exchange Rates UK

> Sterling and the FTSE 100 fell after the Bank of England expanded its asset purchase facility by £100bn to £745bn, with the facility to be filled by year end. The decision was seen as implying a slowdown in the pace of growth in QE.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/52867-boe-exchange-rates-pound-sterling-and-ftse-100-plunge-as-boe-expands-qe-but-and
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker pound and risk-off equity moves shift currency and risk-appetite flows that can affect dollar-denominated commodity prices at the margin, though the link to feed markets is weak.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-03-06 | [Exchange & Interest Rate Forecasts For Euro, Dollar And Pound Sterling: ING](https://feedsoft.ai/events/60348-exchange-and-amp-interest-rate-forecasts-for-euro-dollar-and-pound-sterling-ing.md) | +0.1% | +0.3% |
| DXY | 2021-09-28 | [BoE Rate-Hike Speculation Keeps Sterling Afloat As Yield Trends Dominate Markets \| Exchange Rates UK](https://feedsoft.ai/events/45310-boe-rate-hike-speculation-keeps-sterling-afloat-as-yield-trends-dominate.md) | +0.5% | -0.1% |
| DXY | 2017-03-27 | [Goldman Sachs: Weak British Pound Means Weaker Consumer, BoE Looks Through Inflation \| Exchange Rates UK](https://feedsoft.ai/events/72231-goldman-sachs-weak-british-pound-means-weaker-consumer-boe-looks-through.md) | +0.1% | +0.2% |
| DXY | 2019-01-28 | [Brexit Pound Analysis: British Pound Has Rallied 5% Vs Euro, Dollar But How Much Has GBP Discounted A No Deal Brexit? \| Exchange Rates UK](https://feedsoft.ai/events/61332-brexit-pound-analysis-british-pound-has-rallied-5-vs-euro-dollar-but-how-much.md) | -0.2% | +0.0% |
| DXY | 2022-02-24 | [Sterling falls below $1.36 as BoE tries to cool rate-hike bets \| Euronews](https://feedsoft.ai/events/42939-sterling-falls-below-1-36-as-boe-tries-to-cool-rate-hike-bets-euronews.md) | +1.0% | +1.2% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/29843/2020-06-18-pound-sterling-and-ftse-100-down-as-boe-expands-qe-but-leaves-rates-unchanged.html

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