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A Reuters poll of foreign exchange strategists expects sterling to keep sliding before Brexit, trading between $1.17 and $1.20. The forecast reflects rising odds of a no-deal Brexit.
Expected further sterling weakness keeps UK import costs for dollar-priced commodities elevated. The outlook points to a firmer dollar and higher sterling feed costs.
reuters.comJonathan CableAug 8, 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.
