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The pound traded at about $1.3465 and €1.1987 on Thursday, down roughly 0.1%, ahead of the Bank of England decision. Pantheon Macroeconomics warned that a sharper construction downturn threatens fourth-quarter UK growth, after the October construction PMI fell to 43.6 from 46.1.
Weak UK construction and growth risks could temper the BoE's tightening path, which weighs on sterling. For feed buyers, the effect runs through currency conversion rather than direct demand for feed ingredients.
exchangerates.org.ukDave TaylorNov 5, 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.
