Pound Falls Ahead Of U.K. Retail Sales
18 June 2021 - 11:59AM
RTTF2
At 2.00 am ET Friday, the Office for National Statistics
releases UK retail sales data for May. Sales are forecast to grow
1.6 percent on month, slower than the 9.2 percent increase seen in
April.
Ahead of the data, the pound dropped against its major
rivals.
The pound was worth 152.96 against the yen, 1.3902 against the
greenback, 0.8563 against the euro and 1.2757 against the franc as
of 1:55 am ET.
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