# Brexit fears are back and the pound is paying the price

> Sterling fell as much as 0.65% against the dollar to just above $1.26 amid renewed Brexit turmoil, nearing its lowest level this year. The pound has shed about 2.8% this month and is on track for a record 13 straight days of declines against the euro. Britain faces the prospect of a messy exit from the EU, due October 31.

- Date: 2019-05-22 · published 2019-05-22T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/59327-brexit-fears-are-back-and-the-pound-is-paying-the-price
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A weaker pound reflects political risk rather than a commodity shock, but it can shift UK import costs and EU-linked feed trade flows. For feed buyers the direct price impact is limited.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- edition.cnn.com: https://edition.cnn.com/2019/05/22/investing/brexit-pound

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