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Sterling is expected to face further losses as investors price out risk premia tied to UK fiscal concerns ahead of next month's budget. Analyst Pesole says the dollar lacks direction after the Fed, and the DXY is unlikely to rise above 100, with the index trading near 99.53 after a three-month high of 99.72.
Expected UK fiscal tightening and slower growth weigh on sterling, which lifts the cost of GBP-denominated import flows for UK feed buyers. Dollar direction is currently range-bound, so the price implication for US-priced feed ingredients is limited.
wsj.comOct 31, 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.
