Pound Retreats Ahead Of U.K. Retail Sales
16 August 2018 - 2:25PM
RTTF2
At 4.30 am ET Thursday, the Office for National Statistics
releases UK retail sales data. Sales, including auto sales, are
forecast to grow 0.2 percent on month in July, reversing a 0.5
percent fall in June.
Ahead of the data, the pound retreated from its early highs
against its major rivals.
The pound was worth 140.67 against the yen, 1.2609 against the
franc, 1.2698 against the greenback and 0.8957 against the euro as
of 4:25 am ET.
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