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Sterling slipped against the dollar and euro as wider market unease, including a Wall Street retail-trading frenzy, boosted safe-haven currencies. The pound had held up better than most G10 peers that week, helped by UK vaccination progress.
Analysts cautioned that the outperformance might not last.
Risk-off flows strengthening the dollar can pressure dollar-priced commodities, but the effect here is small. Sterling's move has little direct bearing on feed prices.
brecorder.comReutersJan 29, 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.
