- Retail sales in Germany increased 1.6% year -on -year in May.
- The EUR/USD defends offers above 1,1700 after the negative data.
Retail sales In Germany they unexpectedly fell 1.6% month by month (MOM) in May, after the drop of 1.1% reported in April, according to official data published by Destatats on Monday.
The market foreshadowed an increase of 0.5%.
In annual terms, retail sales increased 1.6% in May compared to 2.3% in April.
Market reaction
These data have a limited impact on the euro (EUR). At the time of publication, EUR/USD is quoting 0.04% higher in the day at 1,1725.
Euro price today
The lower table shows the percentage of euro change (EUR) compared to the main currencies today. Euro was the strongest currency in front of the euro.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.04% | -0.12% | -0.32% | -0.23% | -0.17% | -0.47% | -0.04% | |
| EUR | -0.04% | -0.20% | -0.34% | -0.29% | -0.24% | -0.51% | -0.09% | |
| GBP | 0.12% | 0.20% | -0.34% | -0.09% | -0.04% | -0.33% | 0.11% | |
| JPY | 0.32% | 0.34% | 0.34% | 0.08% | 0.20% | -0.12% | 0.33% | |
| CAD | 0.23% | 0.29% | 0.09% | -0.08% | 0.01% | -0.24% | 0.19% | |
| Aud | 0.17% | 0.24% | 0.04% | -0.20% | -0.01% | -0.29% | 0.14% | |
| NZD | 0.47% | 0.51% | 0.33% | 0.12% | 0.24% | 0.29% | 0.44% | |
| CHF | 0.04% | 0.09% | -0.11% | -0.33% | -0.19% | -0.14% | -0.44% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).
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.
