# Sterling drops against firmer dollar as markets price in a hawkish Fed | live

> Sterling fell 0.2% to $1.331 as the dollar strengthened after higher-than-expected US inflation and hawkish Federal Reserve comments boosted expectations of a December rate increase. Traders had fully priced in a 25-basis-point hike, with a small chance of a 50-basis-point move; Brent crude also rose 1.4% during the session.

- Date: 2026-11-11 · published 2026-11-11T15:14:04.761Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/93708-sterling-drops-against-firmer-dollar-as-markets-price-in-a-hawkish-fed-live
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A firmer dollar can increase the local-currency cost of imported feed commodities for buyers outside the United States, while higher oil prices can raise energy and transport costs. The direct commodity-price implications are limited in this currency-focused market update.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-11-17 | [Dollar rises with bets on hawkish Fed; sterling drops \| Reuters](https://feedsoft.ai/events/38594-dollar-rises-with-bets-on-hawkish-fed-sterling-drops-reuters.md) | +0.4% | -0.6% |
| DXY | 2025-07-31 | [Pound Sterling slumps against US Dollar as traders pare Fed dovish bets](https://feedsoft.ai/events/24023-pound-sterling-slumps-against-us-dollar-as-traders-pare-fed-dovish-bets.md) | -0.7% | -0.6% |
| DXY | 2026-09-30 | [Sterling 'hammered' by Dollar strength, markets price in almost 80% chance of November BoE hike](https://feedsoft.ai/events/17740-sterling-hammered-by-dollar-strength-markets-price-in-almost-80-chance-of.md) | -0.1% | +0.7% |
| DXY | 2020-09-23 | [Gold and Silver Hit by Hawkish Fed Boost to Dollar - Markets Insider](https://feedsoft.ai/events/51033-gold-and-silver-hit-by-hawkish-fed-boost-to-dollar-markets-insider.md) | +0.8% | -1.4% |
| DXY | 2022-08-31 | [Rand weakens against strong dollar as investors digest Fed’s hawkish stance](https://feedsoft.ai/events/40327-rand-weakens-against-strong-dollar-as-investors-digest-fed-s-hawkish-stance.md) | +0.9% | +3.6% |
| BRENT | 2022-02-28 | [Ringgit opens firmer against US dollar, supported by oil prices \| Malay Mail](https://feedsoft.ai/events/42959-ringgit-opens-firmer-against-us-dollar-supported-by-oil-prices-malay-mail.md) | +23.1% | +23.8% |
| BRENT | 2026-09-28 | [Sterling rebounds against dollar, euro on bets for tighter BoE policy \| Financial News](https://feedsoft.ai/events/17737-sterling-rebounds-against-dollar-euro-on-bets-for-tighter-boe-policy-financial.md) | +6.5% | +1.3% |
| BRENT | 2021-02-04 | [Ringgit marginally higher against us dollar on improving oil prices \| Malay Mail](https://feedsoft.ai/events/48915-ringgit-marginally-higher-against-us-dollar-on-improving-oil-prices-malay-mail.md) | +4.8% | +10.0% |

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/sterling-drops-against-firmer-dollar-markets-price-hawkish-fed

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