# Renewed Brexit Uncertainty Could Resurface | Investing.com

> Sterling fell over the week as traders priced in renewed Brexit uncertainty, with GBP/USD trading near $1.305 after the Bank of England held rates. The BoE said fourth-quarter GDP would rise only marginally.

- Date: 2019-12-23 · published 2019-12-23T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/55818-renewed-brexit-uncertainty-could-resurface-investing-com
- 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 weaker pound and dollar strength can make US-origin feed ingredients pricier for UK buyers and shift export competitiveness, though the effect on feed prices is indirect.

## Read by commodity

- DXY: neutral
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-27 | [Sterling slips after BOE policymaker says Brexit uncertainty could mean a rate cut](https://feedsoft.ai/events/57313-sterling-slips-after-boe-policymaker-says-brexit-uncertainty-could-mean-a-rate.md) | -0.1% | -1.4% |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |
| DXY | 2024-02-27 | [USD/JPY: Yen Survives BoJ Release but Remains at Weak Levels \| Investing.com NG](https://feedsoft.ai/events/31918-usd-jpy-yen-survives-boj-release-but-remains-at-weak-levels-investing-com-ng.md) | -0.2% | -0.0% |
| DXY | 2022-11-23 | [Euro vs US dollar: Long-term uncertainty amid interest differential](https://feedsoft.ai/events/38895-euro-vs-us-dollar-long-term-uncertainty-amid-interest-differential.md) | -0.6% | -1.6% |
| DXY | 2026-10-02 | [Euro’s Breakdown Is Becoming a Politics Trade, Not Just a Rates Trade \| Investing.com](https://feedsoft.ai/events/9655-euro-s-breakdown-is-becoming-a-politics-trade-not-just-a-rates-trade-investing.md) | -0.3% | -0.1% |

## Sources

- investing.com: https://www.investing.com/analysis/renewed-brexit-uncertainty-could-resurface-200494302

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