# Sterling falls to lowest since late 2020 versus dollar

> 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.

- Date: 2022-04-22 · published 2022-04-22T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42087-sterling-falls-to-lowest-since-late-2020-versus-dollar
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Weak UK consumer data has little direct effect on feed commodity prices, though it reflects a softer global demand backdrop.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-falls-lowest-since-late-2020-versus-dollar-2022-04-22/

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