# Sterling slips versus stronger dollar after U.S. data beat

> Sterling fell about 0.5% versus the dollar on 16 September after US August retail sales unexpectedly rose. Asian stock losses also weighed on sentiment. Sterling had earlier gained on expectations of a Bank of England rate increase after UK inflation hit 3.2%.

- Date: 2021-09-16 · published 2021-09-16T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/45309-sterling-slips-versus-stronger-dollar-after-u-s-data-beat
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US demand data supports the dollar, a mild headwind for dollar-priced commodities. The effect on feed markets is small.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-26 | [Sterling hits all-time low versus broadly stronger dollar \| Reuters](https://feedsoft.ai/events/39829-sterling-hits-all-time-low-versus-broadly-stronger-dollar-reuters.md) | +0.2% | +0.6% |
| DXY | 2026-08-28 | [Pound Slips on Stronger US Dollar](https://feedsoft.ai/events/18141-pound-slips-on-stronger-us-dollar.md) | -0.2% | +1.7% |
| DXY | 2023-02-02 | [Oil slumps on economic data, stronger U.S. dollar](https://feedsoft.ai/events/37234-oil-slumps-on-economic-data-stronger-u-s-dollar.md) | +1.3% | +2.1% |
| DXY | 2022-08-05 | [U.S. dollar posts broad gains after unexpectedly strong jobs data](https://feedsoft.ai/events/40219-u-s-dollar-posts-broad-gains-after-unexpectedly-strong-jobs-data.md) | -0.9% | +2.1% |
| DXY | 2024-01-31 | [Sterling slips vs dollar before BoE and Fed meetings](https://feedsoft.ai/events/32368-sterling-slips-vs-dollar-before-boe-and-fed-meetings.md) | +0.3% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-seeks-direction-traders-assess-inflation-impact-2021-09-16/?taid=61437a03a5c42200013c3f9b

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