Pound Strengthens Ahead Of U.K. Retail Sales Data
January 16 2020 - 11:26PM
RTTF2
At 4.30 am ET Friday, the Office for National Statistics
releases UK retail sales data. Sales are forecast to grow 0.6
percent on month in December, reversing a 0.6 percent fall in
November.
Ahead of the data, the pound climbed against its major
rivals.
The pound was worth 1.3099 against the greenback, 144.32 against
the yen, 1.2643 against the franc and 0.8498 against the euro as of
4:25 am ET.
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