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Sterling has fallen from about $1.43 in late January back to around $1.36, largely because of recent dollar strength and weak Bank of England rate expectations. The columnist says a buying opportunity may be near but not yet reached.
Opinion on currency direction does not change supply or demand for feed commodities. The pound's move affects sterling costs of dollar-priced imports only indirectly.
moneyweek.comDominic FrisbyMay 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.
