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Sterling eased to $1.259 on Friday but was still set for its first monthly rise since September. Investors moved toward the dollar as US tariffs were about to take effect and Trump threatened 25% tariffs on EU goods.
Traders expect the Fed and Bank of England to each deliver about two cuts this year.
Tariff threats and safe-haven demand support the dollar, which can pressure dollar-denominated commodity prices and the trade flows they reflect. The impact on feed prices is modest.
brecorder.comReutersFeb 28, 2025After 45 past bullish trade events, US Dollar (Broad) moved a median -0.0% over 5 sessions (42% higher; middle half -0.3% to +0.4%), and -0.0% 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.
