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Sterling's rally against the dollar was cut short after the Bank of England struck a dovish tone in its forward guidance, raising doubts about a 2022 rate hike. GBP/USD closed the week near $1.3908.
Routine currency commentary on sterling after a central bank decision has little direct bearing on feed commodity supply, demand or prices.
exchangerates.org.ukAdam SolomonJun 28, 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.
