# Sterling falls as Brexit headlines eyed | FMT

> Sterling fell over a third of a percent to $1.3109 after the Fed raised rates and the dollar gained broadly. Investors were waiting for Brexit headlines, with no fresh economic data expected near term.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/63286-sterling-falls-as-brexit-headlines-eyed-fmt
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar after the Fed hike tends to weigh on dollar-priced commodities, though the move here is driven mainly by currency flows rather than crop fundamentals.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-10-01 | [Sterling falls as Powell takes cautious tone on rate cuts](https://feedsoft.ai/events/23143-sterling-falls-as-powell-takes-cautious-tone-on-rate-cuts.md) | +0.3% | +0.3% |
| DXY | 2022-12-15 | [Sterling falls after BoE's ninth consecutive rate hike](https://feedsoft.ai/events/38476-sterling-falls-after-boe-s-ninth-consecutive-rate-hike.md) | +0.4% | -2.2% |
| DXY | 2026-06-18 | [VIEW Bank of England leaves rates on hold, sterling falls \| Reuters](https://feedsoft.ai/events/19057-view-bank-of-england-leaves-rates-on-hold-sterling-falls-reuters.md) | +1.4% | +1.0% |
| DXY | 2017-01-30 | [Stumbling sterling heads for first three-day fall of year](https://feedsoft.ai/events/73200-stumbling-sterling-heads-for-first-three-day-fall-of-year.md) | -1.2% | -1.2% |
| DXY | 2023-03-02 | [Sterling falls as interest rate outlook and strong dollar weigh](https://feedsoft.ai/events/37124-sterling-falls-as-interest-rate-outlook-and-strong-dollar-weigh.md) | +0.7% | -0.8% |

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2018/09/27/sterling-falls-as-brexit-headlines-eyed

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