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Sterling snapped a three-day losing streak against the euro and rose against the dollar. UK inflation data last week led markets to raise bets on Bank of England rate cuts, and 2-year gilt yields fell before partly recovering.
Higher odds of Bank of England cuts weigh on sterling's yield support, but the bounce shows the currency move is mixed. The effect on UK feed import costs is limited for now.
reuters.comStefano RebaudoOct 27, 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.
