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On June 26 the pound slipped 0.2% to $1.2661 as the dollar held firm ahead of US PCE inflation data. Sterling has lost only 0.4% against the dollar this year, less than the euro and yen.
Routine FX moves with no new cause. A slightly weaker pound marginally lowers the dollar cost of UK imports and has little effect on feed prices.
finimize.comFinimize NewsroomJun 26, 2024Not 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.
