# INVESTMENT FOCUS-Back to Brexit for sterling

> Sterling rose 5% against a basket of currencies in November, its biggest monthly gain since January 2009. The currency remained 15% lower than a year earlier.

- Date: 2016-12-02 · published 2016-12-02T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/73733-investment-focus-back-to-brexit-for-sterling
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A stronger pound reduces the sterling cost of dollar-priced feed imports for UK buyers, although the gain follows a long period of weakness.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/britain-eu-sterling-idUSL8N1DW5KM/?feedName=usDollarRpt&feedType=RSS

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