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ING expects sterling to weaken further, with EUR/GBP forecast to reach 0.92 this summer as UK-EU trade talks are unlikely to progress. Sterling is the worst performing G10 currency this month and quarter, and the note sees a risk premium of around 4% priced in.
Forecast sterling weakness is a currency view with no direct effect on feed commodity supply or prices.
think.ing.comJun 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.
