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Sterling led major currencies for 2021 as the UK's vaccine rollout supported its outlook. The pound's gains were pared by profit-taking on Friday amid losses in stock and commodity markets.
The Bank of England decision and U.S. payrolls were flagged as the week's key events.
Currency moves like this affect dollar-denominated feed commodity prices only indirectly, through shifts in UK import costs and dollar strength. The effect on grain and meal prices is minor.
poundsterlinglive.comJames SkinnerJan 31, 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.
