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The pound had its worst April in 15 years after Bank of England Governor Mark Carney told the BBC the central bank may not raise rates in May, a move widely expected by markets. Carney also said Brexit negotiations will shape the economy's direction over the next few years.
Currency moves tied to UK rate expectations shift the dollar's strength against major currencies, which in turn affects the dollar value of US feed commodities.
businessinsider.comWill MartinApr 27, 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.
