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Sterling tested chart resistance near 1.37 as a better-than-expected UK jobs report and strong demand for a 30-year gilt auction supported the pound. Analysts said gains could lift it above 1.40 in the weeks ahead.
The UK's vaccine rollout was cited as supporting the recovery.
Currency strength in sterling has only an indirect effect on feed commodity prices. It is not a meaningful driver for feed buyers.
poundsterlinglive.comJames SkinnerJan 26, 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.
