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Lombard Odier said the risk of the UK failing to reach at least a partial trade deal with the EU is lower than before the December election, but tough negotiations will cap any sterling rally. It expects GBP/USD to trade between $1.28 and $1.32, with the pound near $1.30 after UK inflation data.
Sterling range-trading and a eurozone slowdown affect the dollar value of European import demand, but the link to feed prices is indirect.
thenationalnews.comSarmad KhanFeb 19, 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.
