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Sterling briefly hit a two-year low against the euro on July 28, 2025, before rebounding, and dipped against the dollar to $1.34185. Moves were tied to the EU-US trade deal announcement, while investors remained divided on the pace of future Bank of England cuts.
Currency swings tied to trade deal news can shift the relative pricing of US and European feed ingredients, though the effect on commodity prices is limited.
uk.finance.yahoo.comReutersJul 28, 2025Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
