# Sterling surges on data boost, more Brexit hope

> Sterling rose more than 1% against the euro on solid data and greater Brexit clarity, as traders trimmed bets against the pound. Trade Minister Liam Fox said Britain hoped to adopt EU free trade agreements with around 40 countries after leaving.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/72734-sterling-surges-on-data-boost-more-brexit-hope
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger pound on Brexit clarity shifts currency flows with little direct effect on feed commodity prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-15 | [Sterling rises from 11-month low; investors focus on Brexit and BoE \| Reuters](https://feedsoft.ai/events/44290-sterling-rises-from-11-month-low-investors-focus-on-brexit-and-boe-reuters.md) | +0.6% | +1.2% |
| DXY | 2016-11-03 | [Trump worries hit dollar; pound boosted by Brexit court ruling](https://feedsoft.ai/events/74075-trump-worries-hit-dollar-pound-boosted-by-brexit-court-ruling.md) | +0.7% | +3.0% |
| DXY | 2025-07-28 | [Sterling bounces off two-year low on euro, soft on dollar](https://feedsoft.ai/events/24026-sterling-bounces-off-two-year-low-on-euro-soft-on-dollar.md) | +1.0% | +0.2% |
| DXY | 2017-03-29 | [Sterling fluctuates amid Brexit anxiety; major volatility expected in coming months](https://feedsoft.ai/events/72228-sterling-fluctuates-amid-brexit-anxiety-major-volatility-expected-in-coming.md) | +0.5% | +0.1% |
| DXY | 2025-01-01 | [Sterling edges up in holiday-thinned trading](https://feedsoft.ai/events/27200-sterling-edges-up-in-holiday-thinned-trading.md) | -0.2% | -0.9% |

## Sources

- reuters.com: https://www.reuters.com/article/britain-sterling-idUSL5N1FM5PI/?feedName=usDollarRpt&feedType=RSS

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