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Sterling slipped 0.3% to $1.2196 after weaker-than-expected UK retail sales for December. Traders now expect three Bank of England rate cuts this year.
Gold held near a five-week high.
Routine currency and commodity wrap with no major feed-specific driver; weak UK demand supports rate-cut expectations that feed through to sterling.
uk.finance.yahoo.comPedro GoncalvesJan 17, 2025Not 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.
