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OCBC strategists expect sterling resilience to extend into early 2027, citing fiscal discipline, an OBR upgrade of UK 2026 growth to 1.2%, and greater political stability. They revised their EUR/GBP forecast to reflect continued pound strength against the euro.
They also noted that aggressive BoE tightening is already priced in, so further gains depend on positive UK data surprises.
A stronger pound against the euro and dollar makes euro-zone and US feed ingredients slightly more expensive for UK buyers, a modest bearish signal for UK import demand. The effect on global feed prices is limited.
fxstreet.comFXStreet Insights TeamNov 2, 2026Not 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.
