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The pound fell to 10-week lows near 1.3775 against the dollar on July 1 after BoE Governor Bailey said inflation pressures would be temporary. The GBP/EUR rate weakened to 1.1625 from 1.1675 following the remarks.
Central bank comments moving sterling have no direct bearing on grain, oilseed or feed ingredient markets.
exchangerates.org.ukTim ClaytonJul 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.
