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Sterling has fallen three consecutive weeks toward $1.27 as uncertainty grows over Parliament's vote on the Brexit divorce deal. A Bloomberg survey put a 55% chance on lawmakers rejecting the deal, and debates were set to begin on December 4 ahead of a vote a week later.
Heightened political risk around Brexit is pressuring sterling and raising currency volatility for UK feed buyers pricing in dollars. Parliamentary outcomes could move the pound sharply in either direction.
thenationalnews.comBloombergDec 2, 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.
