# Brexit Boosts Pound Trading on Both Sides of the Atlantic - Bloomberg

> Bloomberg reported that UK pound trading turnover hit a record and US FX turnover jumped, driven by Brexit-related volatility in sterling. Renminbi trading volumes came in weaker after recent highs.

- Date: 2020-02-04 · published 2020-02-04T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/54831-brexit-boosts-pound-trading-on-both-sides-of-the-atlantic-bloomberg
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Higher FX activity reflects currency volatility rather than a change in commodity supply or demand, so the feed price impact is negligible.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-02-04/brexit-boosts-pound-trading-on-both-sides-of-the-atlantic

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