Loading…
US first-quarter GDP growth was revised down from 2.0% to 1.6% annualised, reflecting weaker consumer spending and softer business investment. The dollar gave back earlier gains as the revision weighed on sentiment, despite renewed US-Iran tensions.
GBP/USD traded around $1.344.
A downward US growth revision softens dollar support and modestly eases pressure on dollar-priced commodities. The effect on feed markets is minor and tied to currency moves rather than physical supply.
exchangerates.org.ukAdam SolomonMay 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.
