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Money markets priced a 98% chance of a 25 basis-point hike at the Bank of England and nearly three more rises next year. Sterling had hit its highest level against the euro since March 2025 at 0.8317 per euro, partly because the euro was weighed by French debt concerns.
The decision was almost fully priced, so the currency reaction depends on the guidance and vote split. Currency swings of this kind have only an indirect effect on feed ingredient prices.
marketwatch.comNov 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.
