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Sterling rose as much as 0.5% to $1.2550 after Britain's justice minister said the government would have to delay Article 50 if May lost a no-confidence vote. The pound had earlier hit a 20-month low of $1.2477 after Conservative lawmakers triggered the no-confidence ballot.
A possible delay to Brexit reduces the near-term risk of a disorderly no-deal exit, supporting sterling against the dollar. That lowers the dollar cost of UK-bound feed imports.
egypttoday.comDec 12, 2018Not 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.
