# Sterling slips before cbank meeting, rate view key

> Sterling edged lower ahead of a Bank of England meeting as a broad dollar bounce and weak UK economic surveys weighed on the currency. The pound was trading near $1.3926 after a low of $1.3838 earlier in the session.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/66735-sterling-slips-before-cbank-meeting-rate-view-key
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency moves of this size shift the sterling cost of dollar-priced feed imports, but the story reflects routine FX commentary rather than a new supply or demand shock.

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/sterling-slips-cbank-meeting-rate-142821722.html

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