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Sterling fell to a low of $1.3343 after UK inflation dropped to 3.2% in November, well below forecasts. Interest rate futures priced close to a 100% chance of a BoE cut, and UK gilt yields fell sharply.
The UK economy also contracted unexpectedly in the three months to October.
Lower UK rates weaken sterling and feed through to UK borrowing and demand. The effect on feed and grain prices is minimal.
uk.finance.yahoo.comJoice AlvesDec 17, 2025Not 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.
