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Sterling fell against the dollar after Bank of England deputy governor Sir Jon Cunliffe suggested he might vote against a November rate hike. The pound dropped to $1.3090 before recovering slightly to $1.3131.
Analysts said the hawkish camp still leaned towards a hike.
Doubt over a BoE hike weakens sterling and can lift the cost of USD-priced feed imports for UK buyers. The impact on grain and oilseed prices is limited.
cityam.comOct 20, 2017Not 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.
