# UPDATE 1-Sterling falters as PM May puts stripped-down Brexit deal to vote

> Sterling slid toward a three-week low as Prime Minister Theresa May prepared a parliamentary vote on a stripped-down version of her twice-defeated Brexit deal. Attorney General Geoffrey Cox said the vote was the last chance to use the legal right to delay Brexit until May 22, otherwise the delay expires April 11. Traders stayed on the sidelines, thinning liquidity and amplifying swings in the pound.

- Date: 2019-03-29 · published 2019-03-29T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/60339-update-1-sterling-falters-as-pm-may-puts-stripped-down-brexit-deal-to-vote
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Brexit uncertainty drives sterling volatility, which affects dollar-denominated feed import costs for UK buyers and sentiment in related commodity trade. Outcomes are not directly tied to feed grain supply or demand.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-02-02 | [UPDATE 2-Sterling slips after BoE hints rates near peak \| Kitco News](https://feedsoft.ai/events/37574-update-2-sterling-slips-after-boe-hints-rates-near-peak-kitco-news.md) | -1.7% | -2.9% |
| EURUSD | 2018-10-28 | [Sterling remains under pressure during Brexit negotiations. \| The Currency Blog](https://feedsoft.ai/events/62810-sterling-remains-under-pressure-during-brexit-negotiations-the-currency-blog.md) | -0.1% | -0.9% |
| EURUSD | 2020-04-30 | [Pound-Dollar Protected By Dovish FED, Focus For Sterling-Euro Rate Outlook On ECB And UK Lockdown \| Exchange Rates UK](https://feedsoft.ai/events/53871-pound-dollar-protected-by-dovish-fed-focus-for-sterling-euro-rate-outlook-on.md) | -0.4% | +2.0% |
| EURUSD | 2017-09-15 | [Pound hits highest since Brexit vote on rate rise speech - BBC News](https://feedsoft.ai/events/69208-pound-hits-highest-since-brexit-vote-on-rate-rise-speech-bbc-news.md) | +0.5% | -0.4% |
| EURUSD | 2026-10-26 | [MARKET UPDATE OATs open with gains of c. 70 ticks, after Moody's held the rating steady on Friday \| Newsquawk](https://feedsoft.ai/events/465-market-update-oats-open-with-gains-of-c-70-ticks-after-moody-s-held-the-rating.md) | -0.3% | — |

## Sources

- cnbc.com: https://www.cnbc.com/2019/03/29/reuters-america-update-1-sterling-falters-as-pm-may-puts-stripped-down-brexit-deal-to-vote.html

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