Sterling drifts as BoE rate decision comes into focus
Published . Updated .
Covered by 8 outlets: Y100 WNCY, The Mighty 790 KFGO, KELO-AM, Kansas City Star, Tri-City Herald, The Olympian and 2 more.
LONDON, Nov 2 (Reuters) - The pound was broadly steady against both the dollar and euro on Monday as investor attention shifted from last week's UK budget to an expected Bank of England rate hike on Thursday, the central bank's first since August 2023...
Directly affected
- No company is named in this report.
Indirectly affected
- UUP Invesco DB US Dollar Index Bullish Fund+2.2% 30d
Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “the dollar” (currencies) in this story.
- FXE Invesco CurrencyShares Euro Trust-0.4% 7d
Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “the dollar” (currencies) in this story.
- EWU iShares MSCI United Kingdom ETF-2.3% 30d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro”).
- FXB Invesco CurrencyShares British Pound Trust-1.6% 10d
Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers.
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK
- EFA iShares MSCI EAFE ETF-2.2% 11d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UUPNo price data for this ticker | — | — | — | — | — | — | — |
| FXENo price data for this ticker | — | — | — | — | — | — | — |
| EWU | -0.43% | -1.05% | base | +0.50% | after close | after close | after close |
| VGKNo price data for this ticker | — | — | — | — | — | — | — |
| FXBNo price data for this ticker | — | — | — | — | — | — | — |
| BWXNo price data for this ticker | — | — | — | — | — | — | — |
| EFANo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Sterling drifts as BoE rate decision comes into focus Y100 WNCY
Source: Y100 WNCY
The price since 2 Nov 2026: Ishares Tr (EWU) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Tr (EWU) | that day | +0.50% | still updating |
| Ishares Tr (EWU) | three days earlier | -1.05% | final price |
| Ishares Tr (EWU) | five days earlier | -0.43% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold EFA (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 54 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Linde (LIN) (held by a spouse), worth $15,001 - $50,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Linde (LIN) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 46 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Linde (LIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Tr (EWU)
Companies mentioned with this story
- EWU Ishares Tr
Ishares Tr (EWU) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Sterling drifts as BoE rate decision comes into focus.” Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”)
- FXB Invesco CurrencyShares British Pound Sterling Trust
In “Sterling drifts as BoE rate decision comes into focus,” Invesco CurrencyShares British Pound Sterling Trust (FXB) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers
- HSBC Hsbc Holdings
In “Sterling drifts as BoE rate decision comes into focus,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“sterling”) reaches its shares
- LIN Linde
For “Sterling drifts as BoE rate decision comes into focus,” Linde (LIN) is linked, with no stored direction, medium confidence. Reason on file: Linde (industrial inorganic chemicals) is one of the largest the UK-based companies traded in the US, so news about the UK (“sterling”) reaches its shares
- ARM Arm Holdings
In “Sterling drifts as BoE rate decision comes into focus,” Arm Holdings (ARM) is linked, with no stored direction, medium confidence. Reason on file: Arm Holdings (semiconductors and related devices) is one of the largest the UK-based companies traded in the US, so news about the UK (“sterling”) reaches its shares
- RIO Rio Tinto
In “Sterling drifts as BoE rate decision comes into focus,” Rio Tinto (RIO) is linked, with no stored direction, medium confidence. Reason on file: Rio Tinto Group (metal mining) is one of the largest the UK-based companies traded in the US, so news about the UK (“sterling”) reaches its shares
How “Sterling drifts as BoE rate decision comes into focus” reaches Ishares Tr (EWU)
“Sterling drifts as BoE rate decision comes into focus” (2 Nov 2026) reaches Ishares Tr (EWU) through this story.
Ishares Tr (EWU) is on the page because iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”)
Also listed, Invesco CurrencyShares British Pound Sterling Trust (FXB): Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers
Price levels for Ishares Tr (EWU)
EWU traded between 45.65 and 47.88 across 17 sessions. The latest close on file is 46.84. FXB traded between 127.25 and 128.67 across 5 sessions. The latest close on file is 127.87. HSBC traded between 91.56 and 101.84 across 13 sessions. The latest close on file is 94.32.
A simple score for Ishares Tr (EWU)
100 out of 100Price not final
“Sterling drifts as BoE rate decision comes into focus” scores 100 out of 100. The score uses 8 sources, and 6 linked companies. The price is not final yet.