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Sterling reached $1.30 on hopes for a Brexit deal and a US-China trade deal. The article notes the pound falls when no-deal Brexit looks likely and rises when it does not.
Parliament's vote on the new Brexit deal was still uncertain.
Currency strength tied to trade-war optimism can modestly firm dollar-priced commodities. The direct feed-price effect is small.
theguardian.comGraeme WeardenOct 21, 2019Not 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.
