Eurozone Retail Sales remain flat on month in October vs. 0.1% growth prior
The Eurozone Retail Sales, which is a key measure of consumer spending, remains flat month-on-month (MoM) in October, while it was expected to grow by 0.1%, reported by Eurostat on Thursday. In September, the consumer spending measure rose by 0.1%, revised from a negative 0.1%.
On an annualized basis, Retail Sales grew by 1.5%, faster than estimates of 1.4% and the prior release of 1.2%, revised higher from 1%.
FX implications
The impact of the Eurozone Retail Sales data seems negligible on the EUR/USD pair, which trades mildly higher around 1.1680 at the time of writing.
Euro Price Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Canadian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.10% | 0.00% | -0.28% | 0.05% | -0.23% | 0.00% | 0.00% | |
| EUR | 0.10% | 0.10% | -0.18% | 0.15% | -0.13% | 0.11% | 0.10% | |
| GBP | -0.00% | -0.10% | -0.33% | 0.04% | -0.23% | 0.00% | -0.00% | |
| JPY | 0.28% | 0.18% | 0.33% | 0.33% | 0.07% | 0.28% | 0.30% | |
| CAD | -0.05% | -0.15% | -0.04% | -0.33% | -0.26% | -0.05% | -0.05% | |
| AUD | 0.23% | 0.13% | 0.23% | -0.07% | 0.26% | 0.23% | 0.23% | |
| NZD | -0.01% | -0.11% | -0.00% | -0.28% | 0.05% | -0.23% | -0.01% | |
| CHF | -0.00% | -0.10% | 0.00% | -0.30% | 0.05% | -0.23% | 0.00% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Author
Sagar Dua
FXStreet
Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.
