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Sterling rose on Thursday after four of the Bank of England's nine policymakers voted to hold rates, even as the bank cut by 25 basis points. GBP/USD was up 0.47% at $1.342, and the dollar index was roughly flat at 98.23.
The euro was briefly lifted by Ukraine peace talk hopes.
A hawkish BoE split and a softer dollar tend to strengthen sterling and the euro against the greenback, which affects dollar-denominated feed and grain import costs for European and UK buyers.
tradingview.comAug 7, 2025Not 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.
