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Sterling settled near $1.3191 in London on July 31, 2017, its strongest level against the dollar since September 2016. The dollar was on course for its worst month since January against a basket of currencies.
A weaker dollar tends to lift dollar-denominated grain and oilseed prices and makes US exports cheaper for UK and European buyers, while a firmer pound can weigh on UK-linked feed import costs.
news.sky.comJul 31, 2017After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Not 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.
