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GBP/USD rallied for a third straight session to six-week highs near 1.3420 on Friday, after the UK budget eased worries about public debt and gilt yields fell. Markets nearly fully priced a 25-basis-point Bank of England rate hike for the following week.
A firmer pound and softer dollar lower the dollar cost of UK-bound feed imports and can ease pressure on dollar-priced grain and meal, though the effect on US futures is modest.
fxstreet.comGuillermo AlcalaOct 30, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
