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Sterling eased from multi-month highs against the dollar and euro ahead of the Bank of England decision. Markets expected a 25 basis point rise and focused on guidance about future rate increases.
The pound was about $1.258 at the time.
Currency commentary ahead of a rate decision has no direct link to feed commodity supply or prices.
kitco.comMay 11, 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.
