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GBP/USD rose to about 1.3463 and near 1.3500 after Democrats won both US houses in the midterms, weighing on the dollar. Traders expect a Bank of England hike on Thursday.
A softer dollar tends to support US dollar-priced commodities, while the sterling move has little direct bearing on feed ingredient prices.
fxstreet.comSagar DuaNov 4, 2026fxstreet.comFXStreet TeamNov 4, 2026Not enough comparable past events yet for a historical read.
After 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.
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.
