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The British pound fell to an all-time low against the dollar on Monday as investors worried the new UK economic plan would damage public finances. The Bank of England said it was watching financial markets very closely.
A record-weak pound and firmer dollar raise the cost of dollar-priced imports for UK feed buyers and can pressure dollar-denominated grain prices.
reuters.comJohn MccrankSep 26, 2022After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Not 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.
