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The Bank of England intervened to stabilise financial markets after steep falls in the pound against the dollar and a surge in UK borrowing costs. The Bank said it acted because of concerns about the impact of these swings.
Currency and bond market stress affects dollar strength and import costs, with modest implications for dollar-priced feed commodities.
theguardian.comPhillip InmanSep 28, 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.
