# Sterling, yoked by the dollar, to firm in run-up to Brexit

> Bank of England policymakers signalled greater willingness to raise rates in coming months, though most strategists see this as priced in. Analysts note the UK economy lags peers, so the central bank may deliver fewer rate rises rather than more.

- Date: 2018-03-07 · published 2018-03-07T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/66235-sterling-yoked-by-the-dollar-to-firm-in-run-up-to-brexit
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Rate expectations drive sterling, with only an indirect link to feed and grain markets.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/article/world/sterling-yoked-by-the-dollar-to-firm-in-run-up-to-brexit-idUSKCN1GJ023/

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