# Rule Volatility As Brexit Countdown Unsettles Sterling - Business Insider

> Options traders have raised the cost of insuring against further falls in sterling as the UK's EU divorce approaches. Traders see the pound potentially dropping below $1.20 during the remaining two years of negotiations.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/72229-rule-volatility-as-brexit-countdown-unsettles-sterling-business-insider
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency weakness in sterling changes the relative cost of imported feed inputs for UK buyers, though the link to agricultural prices is indirect.

## Sources

- businessinsider.com: https://www.businessinsider.com/r-rule-volatility-as-brexit-countdown-unsettles-sterling-2017-3

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