# Pound's strong run continues with push above $1.43

> Sterling extended its rally to a seventh straight session, trading above $1.43 with a starting price of $1.4323. Traders cited the prospect of higher UK interest rates and dollar weakness linked to trade disputes.

- Date: 2018-04-16 · published 2018-04-16T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/65770-pound-s-strong-run-continues-with-push-above-1-43
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar tends to support dollar-priced commodities by making them cheaper for non-US buyers.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-28 | [Baht continues to strengthen as gold price rises](https://feedsoft.ai/events/32970-baht-continues-to-strengthen-as-gold-price-rises.md) | +1.0% | +1.8% |
| DXY | 2020-11-17 | [Chinese yuan jumps to strongest and will likely continue - CGTN](https://feedsoft.ai/events/50364-chinese-yuan-jumps-to-strongest-and-will-likely-continue-cgtn.md) | -0.1% | -1.9% |
| DXY | 2024-09-30 | [Aussie dollar continues to trade above US$0.69 - OFX](https://feedsoft.ai/events/28580-aussie-dollar-continues-to-trade-above-us-0-69-ofx.md) | +0.9% | +3.1% |
| DXY | 2023-04-14 | [Ringgit continues to strengthen vs US dollar](https://feedsoft.ai/events/36680-ringgit-continues-to-strengthen-vs-us-dollar.md) | +0.6% | +0.5% |
| DXY | 2025-09-30 | [USD/JPY slumps to near 148.00 as Japanese Yen continues to outperform - The Pound Hub](https://feedsoft.ai/events/23133-usd-jpy-slumps-to-near-148-00-as-japanese-yen-continues-to-outperform-the-pound.md) | +0.1% | +0.4% |

## Sources

- bbc.com: https://www.bbc.com/news/business-43786232

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