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Sterling edged lower ahead of a Bank of England meeting as a broad dollar bounce and weak UK economic surveys weighed on the currency. The pound was trading near $1.3926 after a low of $1.3838 earlier in the session.
Currency moves of this size shift the sterling cost of dollar-priced feed imports, but the story reflects routine FX commentary rather than a new supply or demand shock.
finance.yahoo.comReutersFeb 7, 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.
