# Pound Sterling vs. Euro and US Dollar Today: Business Confidence has a Story to Tell

> Lloyds Business Barometer showed business trading prospects edging down one point to 34% in July, still above April's low of 31%. Overall optimism improved slightly, and the report is seen as signalling roughly 0.3% quarterly growth.

- Date: 2018-08-01 · published 2018-08-01T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/64279-pound-sterling-vs-euro-and-us-dollar-today-business-confidence-has-a-story-to
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The survey's weak consumer and business sentiment points to a soft UK economy and sterling, a background factor with minimal direct impact on feed commodity prices.

## Read by commodity

- GBPUSD: neutral

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/9594-business-confidence-and-pound-exchange-rates

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