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Barclays analysts said sterling's outperformance against the dollar and euro could continue, citing the UK economic rebound and its relative insulation from Eastern European tensions. Markets are pricing further Bank of England rate hikes.
A forecast of currency strength has little direct effect on feed commodity supply or demand, so its relevance to feed buyers is mainly through import cost movements.
poundsterlinglive.comGary HowesFeb 22, 2022Not 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.
