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German Retail Sales grow 2.3% YoY in April vs. 1.8% expected

  • Retail Sales in Germany rose 2.3% over the year in April.
  • EUR/USD keeps the red near 1.1350 following the mixed data.

Retail Sales in Germany unexpectedly declined 1.1% month-over-month (MoM) in April, following the 0.9% revised growth (from -0.2%) reported in March, according to official data released by Destatis on Friday.

The market forecast was for a 0.2% growth.

On an annual basis, Retail Sales rose 2.3% in April vs. March’s 3.3% (revised from 2.2%) and 1.8% expected.

Market reaction

more to come ...


Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.21% 0.11% -0.22% 0.07% 0.17% -0.21% 0.00%
EUR -0.21% -0.07% -0.46% -0.14% 0.00% -0.09% -0.20%
GBP -0.11% 0.07% -0.35% -0.05% 0.09% -0.18% -0.12%
JPY 0.22% 0.46% 0.35% 0.29% 0.49% 0.17% 0.29%
CAD -0.07% 0.14% 0.05% -0.29% 0.19% -0.15% -0.07%
AUD -0.17% 0.00% -0.09% -0.49% -0.19% -0.10% -0.21%
NZD 0.21% 0.09% 0.18% -0.17% 0.15% 0.10% -0.11%
CHF -0.01% 0.20% 0.12% -0.29% 0.07% 0.21% 0.11%

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).

Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.41 per barrel, down from Thursday’s close at $60.61.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.30.
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EUR/GBP holds losses near 0.8400 following German Retail Sales, eyes on CPI data

EUR/GBP edges lower after registering more than 0.50% gains in the previous session, trading around 0.8420 during the Asian hours on Friday. The currency cross holds losses following the release of Germany’s Retail Sales data.
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