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Sterling fell to a 14-month low against the dollar on fears that rising UK borrowing costs will force spending cuts. Implied volatility in sterling rose to its highest since March 2023.
Sterling weakness and volatility are macro signals with no direct effect on feed commodity supply or demand.
reuters.comAlun JohnJan 9, 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.
