Pound Recovers Ahead Of U.K. Retail Sales
20 January 2017 - 3:25PM
RTTF2
At 4:30 am ET Friday, the Office for National Statistics
publishes U.K. retail sales data for December. Sales are forecast
to drop 0.1 percent on month, reversing November's 0.2 percent
rise.
Ahead of the data, the pound recouped its early losses against
its major rivals.
The pound was worth 1.2349 against the greenback, 142.02 against
the yen, 1.2425 against the Swiss franc and 0.8633 against the euro
as of 4:25 am ET.
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