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Sterling fell to its lowest since late 2020 against the dollar after British retail sales dropped 1.4% in March, worse than expected. The pound also weakened against the euro.
Weak UK consumer data has little direct effect on feed commodity prices, though it reflects a softer global demand backdrop.
reuters.comApr 22, 2022Not 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.
