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Sterling rose slightly to $1.3441 as the dollar softened on lower oil prices and positioning ahead of the US midterms. The Bank of England is widely expected to raise its rate by 25 basis points to 4% at its Thursday meeting.
Investors were also watching US JOLTS data and the Treasury refunding announcement.
A widely expected BoE hike and a softer dollar have a limited direct effect on feed commodity prices. Lower oil prices ease energy-cost pressure on feed supply chains, but the effect is modest.
investing.comNavamya AcharyaNov 3, 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.
