German Retail Sales rise 4.9% YoY in June vs. 1.6% previous
- Retail Sales in Germany climbed 4.9% over the year in June.
- EUR/USD defends bids near 1.1550 following the data.
Retail Sales in Germany rose 1.0% month-over-month (MoM) in June, following the revised 0.6% decline reported in May, according to official data released by Destatis on Wednesday.
The market forecast was for a 0.5% increase.
On an annual basis, Retail Sales climbed 4.9% in June vs. May’s 2.6% revision.
Market reaction
These data has limited impact on the Euro (EUR). At the press time, EUR/USD is trading 0.01% higher on the day at 1.1550.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.03% | 0.04% | -0.19% | 0.04% | 0.08% | -0.05% | -0.01% | |
| EUR | -0.03% | 0.03% | -0.29% | -0.02% | 0.00% | -0.08% | -0.00% | |
| GBP | -0.04% | -0.03% | -0.32% | -0.00% | 0.00% | -0.09% | -0.03% | |
| JPY | 0.19% | 0.29% | 0.32% | 0.29% | 0.33% | 0.21% | 0.24% | |
| CAD | -0.04% | 0.02% | 0.00% | -0.29% | 0.05% | -0.08% | -0.02% | |
| AUD | -0.08% | -0.00% | -0.00% | -0.33% | -0.05% | -0.08% | -0.02% | |
| NZD | 0.05% | 0.08% | 0.09% | -0.21% | 0.08% | 0.08% | 0.07% | |
| CHF | 0.01% | 0.00% | 0.03% | -0.24% | 0.02% | 0.02% | -0.07% |
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
Lallalit Srijandorn
FXStreet
Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.
