Pound Mixed Ahead Of U.K. Retail Sales
March 24 2022 - 11:00PM
RTTF2
At 3:00 am ET Friday, the Office for National Statistics
releases UK retail sales data for February. Sales are forecast to
grow 0.6 percent on month, slower than the 1.9 percent increase in
January.
Ahead of the data, the pound traded mixed against its major
rivals. While it held steady against the greenback and the franc,
it recovered against the euro and the yen.
The pound was worth 160.87 against the yen, 1.3210 against the
greenback, 0.8346 against the euro and 1.2247 against the franc as
of 2:55 am ET.
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