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Sterling rebounded on Monday after two weeks of losses tied to UK fiscal concerns and weak manufacturing and services data. The dollar slipped amid concerns over a possible US government shutdown while investors awaited US economic releases.
Sterling rose 0.26% to $1.3434 on Friday.
Currency moves of this size have little direct effect on feed grain prices, though a softer dollar would modestly support dollar-priced commodities.
Not enough comparable past events yet for a historical read.
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.