Pound Falls Ahead Of UK Retail Sales
15 June 2017 - 2:25PM
RTTF2
At 4.30 am ET Thursday, the Office for National Statistics
releases UK retail sales figures for May. Sales are forecast to
fall 0.8 percent on month, reversing a 2.3 percent rise in
April.
Ahead of the data, the pound dropped against its major
rivals.
The pound was worth 0.8800 against the euro, 139.27 against the
yen, 1.2363 against the franc and 1.2708 against the greenback as
of 4:25 am ET.
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