Pound Steady Ahead Of U.K. Retail Sales
May 19 2022 - 8:58PM
RTTF2
At 2.00 am ET Friday, the Office for National Statistics
releases UK retail sales data for April. Sales are forecast to fall
0.2 percent on a monthly basis, slower than the 1.4 percent
decrease posted in March.
Ahead of the data, the pound held steady against its major
rivals.
The pound was worth 159.35 against the yen, 1.2104 against the
franc, 0.8489 against the euro and 1.2475 against the greenback as
of 1:55 am ET.
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