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Sterling fell for a second day against the dollar, giving back gains from a five-week high ahead of a parliamentary hearing on the Bank of England's inflation report. The pound traded near $1.2673 in European trading.
The dollar index rebounded after a three-month low.
The move reflects profit-taking and currency positioning rather than new economic news. Its effect on feed commodity prices is minimal.
economies.comRami HaddadJun 26, 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.
