# Pound trades at highest since early 2022, boosted by unease over US assets

> The pound traded at its highest level in over three years on May 23 and was heading for its largest weekly gain against the dollar since early April. The move followed stronger-than-expected UK retail sales and continued investor unease around US assets.

- Date: 2025-05-23 · published 2025-05-23T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/24931-pound-trades-at-highest-since-early-2022-boosted-by-unease-over-us-assets
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger pound and weaker dollar tend to lower dollar-denominated feed ingredient costs for UK buyers, while broad dollar weakness can support US commodity prices in dollar terms.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [CNY USD: Yuan Rises to Highest Since Early 2023 as Dollar Drops After Fed - Bloomberg](https://feedsoft.ai/events/18568-cny-usd-yuan-rises-to-highest-since-early-2023-as-dollar-drops-after-fed.md) | -1.2% | -1.9% |
| DXY | 2025-06-30 | [Dollar droops as optimism over U.S. trade deals boost Fed easing bets](https://feedsoft.ai/events/24415-dollar-droops-as-optimism-over-u-s-trade-deals-boost-fed-easing-bets.md) | -0.0% | +0.8% |
| DXY | 2025-06-26 | [Aussie highest since November as USD tumbles on Fed speculation](https://feedsoft.ai/events/24497-aussie-highest-since-november-as-usd-tumbles-on-fed-speculation.md) | -0.9% | -0.6% |
| DXY | 2021-07-29 | [Pound highest in over a month as dollar dips on dovish Fed \| Euronews](https://feedsoft.ai/events/46306-pound-highest-in-over-a-month-as-dollar-dips-on-dovish-fed-euronews.md) | -0.3% | +0.4% |
| DXY | 2023-12-22 | [Euro (EUR USD) Hits Strongest Since August as Dollar Eases on US Rate Bets - Bloomberg](https://feedsoft.ai/events/32927-euro-eur-usd-hits-strongest-since-august-as-dollar-eases-on-us-rate-bets.md) | -0.8% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/world/uk/pound-trades-highest-since-early-2022-boosted-by-unease-over-us-assets-2025-05-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.