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Sterling is at risk if the Bank of England signals faster interest rate cuts at its meeting next week. Analysts note UK natural gas prices are about 20% lower than assumed in February's inflation forecast.
A more dovish BoE would weaken the pound and could change the cost of dollar-priced imports for UK feed buyers. Lower UK gas prices also ease energy costs for UK feed production.
poundsterlinglive.comGary HowesApr 29, 2025Not enough comparable past events yet for a historical read.
After 59 past bearish macro events, Natural Gas moved a median +1.3% over 5 sessions (58% higher; middle half -5.0% to +5.2%), and -2.0% 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.
