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Sterling traded near $1.30 as it awaited the Bank of England decision, after rejecting resistance near 1.3080. Volatility followed UK wage data, EU warnings about Brexit headline misreading, and Chinese headlines that boosted the dollar.
Short-term currency swings around Brexit and central bank events have little direct effect on feed grain fundamentals. Dollar strength matters only as a secondary price factor.
exchangerates.org.ukColin LawrenceOct 1, 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.
