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Sterling fell 1.1% against the dollar and 0.9% against the euro on 3 February 2020 after Prime Minister Boris Johnson signalled a tough stance in EU exit talks. Markets feared the UK could end the transition period in 2020 without a trade deal.
Rising no-deal risk weakens sterling and can lift the dollar, which marginally affects the cost of dollar-priced feed imports into the UK.
markets.businessinsider.comTheron MohamedFeb 3, 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.
