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Sterling was on course for a record 10th straight day of decline against the euro as investors weighed the risk of a no-deal Brexit or a general election. Analysts said the pound could fall further toward early-2017 lows if May's successor adopts a harder line.
Traders are bracing for a Conservative leadership contest.
Political risk driving sterling weakness can change UK import costs and European trade flows for feed ingredients. The impact on global feed prices is limited.
telegraph.co.ukTom ReesMay 17, 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.
