# Pound dips on uncertainty over Brexit talks - as it happened | Business | The Guardian

> The pound slipped about 0.4% against the dollar to $1.2871 after Michel Barnier, the EU's chief Brexit negotiator, raised fresh concerns about the progress of talks. Sterling could not hold above $1.29.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/69716-pound-dips-on-uncertainty-over-brexit-talks-as-it-happened-business-the-guardian
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Brexit uncertainty weighs on the pound, which firms the dollar and can shift the cost of US-priced feed inputs for UK and European buyers.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- theguardian.com: https://www.theguardian.com/business/live/2017/aug/31/chinese-factory-growth-eases-global-investor-fears-north-korea-business-live

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