
Sterling rose 0.48% to about $1.3438 and was up roughly 7% for the year. Traders expect at least two more Fed cuts next year, which is putting the dollar under pressure against most currencies.
The Bank of England cut rates by a quarter point to 3.75% in a narrow vote.
Narrowing rate differentials weaken the dollar, which tends to support dollar-priced commodities such as feed grains and oilseeds. The effect on feed prices is modest and indirect.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.