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The dollar strengthened after minutes from the US Federal Open Market Committee showed policymakers divided on interest rates. UK inflation was also flagged as a concern for the Bank of England.
The article is a short market commentary on sterling-dollar moves.
Dollar strength makes US-priced feed commodities relatively more expensive for importers, but this is routine currency commentary with no new supply or demand driver.
marketpulse.comCraig ErlamMay 26, 2023Not 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.
