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Sterling recovered against the dollar after four sessions of losses as the greenback eased from a rally driven by rising US Treasury yields. The pound traded near $1.3549 ahead of a BoE deputy governor's speech on COVID and consumer spending.
Strategists were optimistic on sterling's near-term prospects.
The dollar's movement against sterling has little direct effect on feed grain or meal prices. This is routine currency commentary.
brecorder.comReutersJan 12, 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.
