# Stumbling sterling heads for first three-day fall of year

> Sterling fell 0.3% to $1.2510 in London on Monday, putting it on course for its first three-day decline against the dollar this year. The pound also slipped against the euro and yen ahead of the Bank of England's first meeting of 2017 on Thursday.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/73200-stumbling-sterling-heads-for-first-three-day-fall-of-year
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker pound against the dollar is a macro currency move that marginally affects UK feed import costs and the relative competitiveness of US commodities for UK buyers, with little direct grain price impact.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-08-30 | [Sterling steady but heads for weekly fall on dollar strength \| Reuters](https://feedsoft.ai/events/29065-sterling-steady-but-heads-for-weekly-fall-on-dollar-strength-reuters.md) | +0.2% | -0.9% |
| DXY | 2022-05-05 | [Dollar index hits 20-year high, sterling tumbles on dovish BoE](https://feedsoft.ai/events/8318-dollar-index-hits-20-year-high-sterling-tumbles-on-dovish-boe.md) | +0.7% | -1.2% |
| DXY | 2026-08-28 | [Emerging Markets-Colombian peso heads for worst week in three years on fiscal fears - ILF News \| Rallies](https://feedsoft.ai/events/18166-emerging-markets-colombian-peso-heads-for-worst-week-in-three-years-on-fiscal.md) | -0.2% | +1.7% |
| DXY | 2018-09-27 | [Sterling falls as Brexit headlines eyed \| FMT](https://feedsoft.ai/events/63286-sterling-falls-as-brexit-headlines-eyed-fmt.md) | +0.4% | +1.6% |
| DXY | 2016-12-15 | [Fed lifts rates, sees faster pace of hikes in Trump's first year](https://feedsoft.ai/events/6463-fed-lifts-rates-sees-faster-pace-of-hikes-in-trump-s-first-year.md) | +1.6% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/article/britain-sterling-open-idUSL5N1FK1XX/?feedName=usDollarRpt&feedType=RSS

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