# Pound Set for Worst April in 15 Years - Business Insider

> The pound had its worst April in 15 years after Bank of England Governor Mark Carney told the BBC the central bank may not raise rates in May, a move widely expected by markets. Carney also said Brexit negotiations will shape the economy's direction over the next few years.

- Date: 2018-04-27 · published 2018-04-27T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/65766-pound-set-for-worst-april-in-15-years-business-insider
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency moves tied to UK rate expectations shift the dollar's strength against major currencies, which in turn affects the dollar value of US feed commodities.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- businessinsider.com: https://www.businessinsider.com/pound-dollar-price-set-for-worst-april-in-15-years-2018-4

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