German Retail Sales leap 4.9% YoY in February vs. 2.9% previous
- Retail Sales in Germany jumped 4.9% on an annual basis in February.
- EUR/USD remains stuck in a range below 1.0850.
Retail Sales in Germany rose 0.8% month-over-month (MoM) in February, following the 0.2% increase recorded in January, according to official data released by Destatis on Monday.
The reading beat the market expectation for a 0% print.
On an annual basis, Retail Sales increased by 4.9% in February as against the 2.9% growth reported in January.
Market reaction
These data fail to impress Euro buyers. At the press time, EUR/USD is trading flat on the day at 1.0828.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.04% | -0.09% | -0.51% | 0.07% | 0.12% | 0.19% | 0.04% | |
| EUR | -0.04% | -0.03% | -0.50% | 0.07% | 0.17% | 0.20% | 0.06% | |
| GBP | 0.09% | 0.03% | -0.50% | 0.14% | 0.19% | 0.25% | 0.13% | |
| JPY | 0.51% | 0.50% | 0.50% | 0.56% | 0.66% | 0.73% | 0.46% | |
| CAD | -0.07% | -0.07% | -0.14% | -0.56% | 0.08% | 0.12% | -0.01% | |
| AUD | -0.12% | -0.17% | -0.19% | -0.66% | -0.08% | 0.05% | -0.10% | |
| NZD | -0.19% | -0.20% | -0.25% | -0.73% | -0.12% | -0.05% | -0.15% | |
| CHF | -0.04% | -0.06% | -0.13% | -0.46% | 0.01% | 0.10% | 0.15% |
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
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
