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Sterling rebounded against the dollar on Tuesday after early losses following weaker-than-expected UK GDP data. Analysts attributed the move to end-of-quarter portfolio rebalancing, while Brexit trade deal fears continued to weigh on the pound.
Routine currency commentary with no new cause for feed markets; sterling moves have negligible direct effect on feed ingredient prices.
brecorder.comReutersJun 30, 2020Not 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.
