# Sterling today: Pound steady as hawkish Fed keeps dollar bid

> Sterling was little changed at $1.3241 while the euro edged up to $1.1063, as the dollar stayed near its strongest level of the year. Markets priced back-to-back Fed hikes in December and January, with about 85 basis points of tightening. ING said the policy path looked more like a cycle than a modest adjustment.

- Date: 2026-11-13 · published 2026-11-13T12:11:29.348Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/97696-sterling-today-pound-steady-as-hawkish-fed-keeps-dollar-bid
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar strength and expected US tightening raise the cost of dollar-denominated feed commodities for non-US buyers. Sustained tightening can also weaken global demand for imports.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-06-14 | [EUR/USD plummets to 1.0670 as Fed's hawkish policy keeps US Dollar firm](https://feedsoft.ai/events/29980-eur-usd-plummets-to-1-0670-as-fed-s-hawkish-policy-keeps-us-dollar-firm.md) | +0.1% | -1.1% |
| 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 | 2026-06-19 | [Euro steadies as the US Dollar eases, but hawkish Fed bets limit upside](https://feedsoft.ai/events/11518-euro-steadies-as-the-us-dollar-eases-but-hawkish-fed-bets-limit-upside.md) | +0.4% | +0.1% |
| DXY | 2024-03-27 | [Exchange Rates Today: Dollar At 34-Year High Vs Yen, Pound Euro Steady](https://feedsoft.ai/events/31471-exchange-rates-today-dollar-at-34-year-high-vs-yen-pound-euro-steady.md) | +0.2% | +1.4% |

## Sources

- investing.com: https://www.investing.com/news/forex-news/sterling-today-pound-steady-as-hawkish-fed-keeps-dollar-bid-5024553

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