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Sterling held steady against the dollar and euro on Tuesday, with the pound flat at $1.3414 and near an 18-month high against the euro reached last week. Traders are cautious ahead of the US midterm elections and the Bank of England's Thursday meeting, where a rate rise is widely expected.
The Iran war and a slump in AI-related shares also weighed on sentiment.
A BoE hike to fight energy-driven inflation would support sterling and tighten UK financing conditions, but for feed buyers the effect on grain and meal prices is indirect. Sterling moves mainly matter for UK import costs.
live.euronext.comNov 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.
