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Sterling rose 0.2% to $1.3320 after touching a fresh 2021 low the previous day. Traders doubted the Bank of England would raise rates at its December meeting after a new coronavirus variant emerged.
Doubts over BoE tightening kept the pound weak against the dollar. This is a routine currency move with little direct effect on feed markets.
reuters.comDec 1, 2021Not 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.
