Pound Mixed Ahead Of U.K. Retail Sales Data
May 18 2017 - 12:25AM
RTTF2
At 4:30 am ET Thursday, the Office for National Statistics
publishes U.K. retail sales data for April. Sales are forecast to
grow 1.1 percent on month, reversing a 1.8 percent fall in
March.
Ahead of the data, the pound showed mixed trading against its
major rivals. While the pound rose against the U.S. dollar, the
euro and the Swiss franc, it fell against the yen.
As of 4:25 am ET, the pound was trading at 0.8578 against the
euro, 1.2715 against the Swiss franc, 1.2982 against the U.S.
dollar and 143.92 against the yen.
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