# Sterling today: Pound slips ahead of BoE decision as dollar slide pauses

> Sterling fell 0.10% to $1.3458 and the euro edged lower to $1.1226 as the dollar's post-midterm slide paused near 101.5 on the DXY. Traders were awaiting an expected Bank of England rate hike and US payrolls data.

- Date: 2026-11-05 · published 2026-11-05T12:08:04.939Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/81618-sterling-today-pound-slips-ahead-of-boe-decision-as-dollar-slide-pauses
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves tied to Fed and BoE rate expectations change the dollar's strength against major currencies, which affects the relative cost of imported feed commodities for UK and European buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-04-30 | [Pound Sterling flat vs USD as BoE decision and US PCE data loom](https://feedsoft.ai/events/19990-pound-sterling-flat-vs-usd-as-boe-decision-and-us-pce-data-loom.md) | -0.8% | -0.1% |
| DXY | 2025-03-31 | [Pound Sterling weakens against US Dollar ahead of Trump's reciprocal tariffs](https://feedsoft.ai/events/25837-pound-sterling-weakens-against-us-dollar-ahead-of-trump-s-reciprocal-tariffs.md) | -0.5% | -2.8% |
| DXY | 2020-09-17 | [Sterling slips after dollar rebound; focus on Bank of England \| Financial Post](https://feedsoft.ai/events/51374-sterling-slips-after-dollar-rebound-focus-on-bank-of-england-financial-post.md) | +1.6% | +0.6% |
| DXY | 2024-01-31 | [Sterling slips vs dollar before BoE and Fed meetings](https://feedsoft.ai/events/32368-sterling-slips-vs-dollar-before-boe-and-fed-meetings.md) | +0.3% | +0.4% |
| DXY | 2021-09-09 | [Dollar little changed, euro steady ahead of ECB decision](https://feedsoft.ai/events/45266-dollar-little-changed-euro-steady-ahead-of-ecb-decision.md) | -0.2% | +1.3% |
| EURUSD | 2017-11-02 | [Pound sterling (GBP) plunges against the dollar (USD) and euro (EUR) as Bank hikes interest rates](https://feedsoft.ai/events/68237-pound-sterling-gbp-plunges-against-the-dollar-usd-and-euro-eur-as-bank-hikes.md) | -0.2% | +2.5% |
| EURUSD | 2021-09-28 | [Surging Inflation Fears Stoke Pound Sterling Advance against the Euro and Dollar](https://feedsoft.ai/events/45311-surging-inflation-fears-stoke-pound-sterling-advance-against-the-euro-and-dollar.md) | -0.7% | -1.0% |
| EURUSD | 2022-07-20 | [Dollar rises vs euro as traders eye ECB rate decision](https://feedsoft.ai/events/40712-dollar-rises-vs-euro-as-traders-eye-ecb-rate-decision.md) | -1.2% | -0.6% |

## Sources

- uk.investing.com: https://uk.investing.com/news/forex-news/sterling-today-pound-slips-ahead-of-boe-decision-as-dollar-slide-pauses-4960131
- investing.com: https://www.investing.com/news/forex-news/sterling-today-pound-slips-ahead-of-boe-decision-as-dollar-slide-pauses-5003115

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