Pound Falls Ahead Of U.K. Retail Sales
October 22 2020 - 9:57PM
RTTF2
At 2.00 am ET Friday, the Office for National Statistics
releases UK retail sales data for September. Sales are forecast to
grow 0.4 percent on month, slower than the 0.8 percent increase in
August.
Ahead of the data, the pound dropped against its major
rivals.
The pound was worth 1.3059 against the greenback, 136.72 against
the yen, 1.1851 against the franc and 0.9038 against the euro as of
1:55 am ET.
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