# Pound sterling value: What happens now Donald Trump has won the US election? | The Independent | The Independent

> Sterling swung sharply against the dollar after Donald Trump won the U.S. presidential election, climbing to $1.253 before trading flat near $1.238. The pound fell as low as €1.10 against the euro before recovering.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/74078-pound-sterling-value-what-happens-now-donald-trump-has-won-the-us-election-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The dollar index fell almost 2% on the Trump result, a move that tends to support dollar-priced commodities, though the dollar's safe-haven demand later limited the drop.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-29 | [Pound-Dollar exchange rate: Sterling hits one-month high after Mark Carney hints at UK interest rate rise \| The Independent \| The Independent](https://feedsoft.ai/events/70749-pound-dollar-exchange-rate-sterling-hits-one-month-high-after-mark-carney-hints.md) | +0.3% | -1.7% |
| DXY | 2024-11-25 | [Pound Sterling rises against USD after Trump's Treasury Secretary nomination](https://feedsoft.ai/events/27646-pound-sterling-rises-against-usd-after-trump-s-treasury-secretary-nomination.md) | -0.3% | +0.7% |
| DXY | 2025-04-14 | [Why the U.S. dollar has plunged and euro soared on Trump tariffs](https://feedsoft.ai/events/7246-why-the-u-s-dollar-has-plunged-and-euro-soared-on-trump-tariffs.md) | -0.8% | -1.2% |
| DXY | 2021-08-31 | [What Does the Higher Eurozone Inflation Have in Store for the EUR/USD?](https://feedsoft.ai/events/45766-what-does-the-higher-eurozone-inflation-have-in-store-for-the-eur-usd.md) | -0.2% | +0.9% |
| DXY | 2024-01-11 | [Sterling gains vs dollar ahead of US inflation data](https://feedsoft.ai/events/32373-sterling-gains-vs-dollar-ahead-of-us-inflation-data.md) | +0.9% | +1.1% |

## Sources

- independent.co.uk: https://www.independent.co.uk/news/business/news/pound-sterling-value-president-donald-trump-wins-us-election-2016-clinton-loses-a7407646.html

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