Loading…

Two Egyptian economists said the dollar falling back below 50 pounds depends on ending the US-Iran war, geopolitical stability and a return of foreign investment into Egyptian debt. The pound had gained about 2.2% in the first four trading days of the week after the dollar rose 7.3% in October.
Egyptian currency moves drive the local cost of imported feed inputs, but the analysts expect no quick return to 50 pounds, so the impact on feed prices is limited.
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.