Loading…

Sterling is trading near multi-year highs against the dollar ahead of the Bank of England decision. Rising UK political risk and shaky global bond markets could cap further gains.
The pound has eased against the euro, suggesting the move is driven as much by the dollar as by UK factors.
A stable pound against the dollar keeps non-dollar import costs for UK buyers steady. Effects on grain and feed prices are minimal.
Not 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.