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Sterling held near $1.37 ahead of the Bank of England's February 4 rate decision, after reaching its highest against the dollar since May 2018 earlier in the week. Analysts expected a dovish hold.
Pre-decision currency positioning has no meaningful direct effect on feed commodity prices.
globalbankingandfinance.comlinker 5Feb 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.
