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Sterling slipped as much as 0.4% to $1.3181 on Monday, approaching its 2026 low of $1.3159 set in March. A break below that level would take the pound to its weakest since November.
The pound is testing key support amid UK political uncertainty, which can keep the dollar firm against sterling. This is a currency move with limited direct effect on feed commodity prices.
bloomberg.comVassilis Karamanis, Matthew BurgessJul 1, 2026Not enough comparable past events yet for a historical read.
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.
