# Sterling falls for second straight day with British inflation report in focus

> Sterling fell for a second day against the dollar, giving back gains from a five-week high ahead of a parliamentary hearing on the Bank of England's inflation report. The pound traded near $1.2673 in European trading. The dollar index rebounded after a three-month low.

- Date: 2019-06-26 · published 2019-06-26T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/58854-sterling-falls-for-second-straight-day-with-british-inflation-report-in-focus
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The move reflects profit-taking and currency positioning rather than new economic news. Its effect on feed commodity prices is minimal.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- economies.com: https://www.economies.com/forex/news/sterling-falls-for-second-straight-day-with-british-inflation-report-in-focus-29635

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