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Bank of England Governor Andrew Bailey said the central bank would closely monitor the Middle East situation and its effects on UK growth and inflation, and adjust policy as needed. He noted that the BoE had already tightened policy considerably relative to market expectations.
Sterling saw slight selling pressure, with GBP/USD near 1.3415.
Central bank commentary tied to the Iran conflict affects sterling and UK rate expectations but does not move feed commodity supply or demand. Any impact on feed prices would be indirect through energy and currency channels.
fxstreet.comSagar DuaMay 29, 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.
