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Sterling was down 0.15% at $1.322 on July 31, 2025, and is on track for its largest monthly loss against the dollar since September 2022. The pound has fallen 3.7% in July, reflecting stronger confidence in the US economy and pessimism about the UK economy.
A firmer dollar tends to pressure dollar-priced commodities and can make US exports cheaper for non-US buyers, so feed price effects are modest but worth tracking.
reuters.comAmanda CooperJul 31, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
