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At 2.00 am ET Friday, the Office for National Statistics releases UK retail sales data for May. Sales are forecast to grow 1.6 percent on month, slower than the 9.2 percent increase seen in April.
Ahead of the data, the pound dropped against its major rivals.
The pound was worth 152.96 against the yen, 1.3902 against the greenback, 0.8563 against the euro and 1.2757 against the franc as of 1:55 am ET.
