# Currencies on Brexit rollercoaster, pound gyrates with early results trickle in

> The pound fell to a more-than-30-year low against the dollar as results showed the UK was on course to leave the EU, with a session low of $1.3224. The yen surged as a safe haven, and the currency moved sharply on each batch of constituency results.

- Date: 2016-06-24 · published 2016-06-24T12:00:00.000Z
- Category: macro · region UK · magnitude high
- Page: https://feedsoft.ai/events/6957-currencies-on-brexit-rollercoaster-pound-gyrates-with-early-results-trickle-in
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Sterling's collapse and the yen's surge shift relative import costs for UK and Japanese feed buyers and push the dollar higher against major currencies. The volatility adds uncertainty to dollar-priced feed ingredients.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-04-01 | [Oil shock from Middle East war pushes investors to shun Asian currencies: Reuters poll](https://feedsoft.ai/events/20387-oil-shock-from-middle-east-war-pushes-investors-to-shun-asian-currencies.md) | -0.6% | -1.9% |
| DXY | 2024-12-03 | [FX Daily: BRICS currencies under pressure \| articles \| ING THINK](https://feedsoft.ai/events/12462-fx-daily-brics-currencies-under-pressure-articles-ing-think.md) | -0.4% | +1.7% |
| DXY | 2018-03-01 | [Latam currencies weaker with eyes on Fed; stocks edge up](https://feedsoft.ai/events/66187-latam-currencies-weaker-with-eyes-on-fed-stocks-edge-up.md) | -0.1% | -0.8% |
| DXY | 2024-05-30 | [Asian currencies: Indonesia rupiah hits weakest since early May](https://feedsoft.ai/events/30581-asian-currencies-indonesia-rupiah-hits-weakest-since-early-may.md) | +0.3% | +1.8% |
| DXY | 2021-02-25 | [Results on the peso, GDP, IGAE and ENOE in Mexico - Opportimes](https://feedsoft.ai/events/48862-results-on-the-peso-gdp-igae-and-enoe-in-mexico-opportimes.md) | +0.9% | +1.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2016/06/23/currencies-on-brexit-rollercoaster-pound-gyrates-with-early-results-trickle-in.html

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