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Sterling was 0.2% higher at $1.3525 on Friday and set for its biggest weekly gain since August. Stronger-than-expected UK retail sales and business activity data ended a week of mixed economic reports.
The euro was 0.36% lower at 86.73 pence.
A stronger pound against the dollar reflects broader dollar weakness, which can support US commodity demand from non-dollar buyers. The direct impact on feed markets is small.
reuters.comSophie KiderlinJan 23, 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.
