- Eurozone retail sales rose 2.9% year-on-year in September compared to the 1.3% expected.
- The bloc’s retail sales stood at 0.5% monthly in September, beating estimates.
Eurozone annual retail sales rose 2.9% in September after rising a revised 2.4% in August, official data released by Eurostat showed on Thursday. The data exceeded the market forecast of +1.3%.
In monthly terms, the retail sales on the old continent they rose 0.5% in the same period compared to the revised +1.1% in August, exceeding the expected 0.4%.
Implications on the foreign exchange market
The optimistic data of the Eurozone they fail to provide a new boost to the Euro. At the time of writing, the pair EUR/USD is trading 0.21% higher on the day at 1.0750.
Euro PRICE Today
The table below shows the percentage change of the Euro (EUR) against the main currencies today. Euro was the strongest currency against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.15% | -0.15% | -0.45% | -0.35% | -0.87% | -0.79% | -0.03% | |
| EUR | 0.15% | 0.00% | -0.26% | -0.20% | -0.71% | -0.62% | 0.13% | |
| GBP | 0.15% | 0.00% | -0.28% | -0.20% | -0.71% | -0.63% | 0.14% | |
| JPY | 0.45% | 0.26% | 0.28% | 0.07% | -0.45% | -0.41% | 0.41% | |
| CAD | 0.35% | 0.20% | 0.20% | -0.07% | -0.51% | -0.44% | 0.34% | |
| AUD | 0.87% | 0.71% | 0.71% | 0.45% | 0.51% | 0.09% | 0.87% | |
| NZD | 0.79% | 0.62% | 0.63% | 0.41% | 0.44% | -0.09% | 0.78% | |
| CHF | 0.03% | -0.13% | -0.14% | -0.41% | -0.34% | -0.87% | -0.78% |
The heat map shows percentage changes for major currencies. The base currency is selected from the left column, while the quote currency is selected from the top row. For example, if you choose the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change shown in the box will represent EUR (base)/USD (quote).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
