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Sterling eased to about $1.338 from a near three-year high as the dollar recovered ahead of US inflation data. The pound was still up nearly 3.8% in April, its strongest month since late 2023.
The pound's pullback reflects dollar strength and rate-cut bets rather than any change in agricultural supply or demand. Its effect on feed commodity prices is minimal.
tradersunion.comJainam MehtaApr 30, 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.
