- Eurozone Retail Sales drop 1.0% YoY in January vs. -1.3% expected
Market news
Eurozone Retail Sales drop 1.0% YoY in January vs. -1.3% expected
- Eurozone Retail Sales came in at -1.0% YoY in January vs. -1.3% forecast.
- Retail Sales in the bloc arrived at 0.1% MoM in January, as expected.
Eurozone’s Retail Sales fell by 1.0% YoY in January, as against a 0.5% decrease in December, the official data released by Eurostat showed on Wednesday. The market had expected a decline of 1.3%.
Retail Sales in the old continent rose 0.1% over the month in the same period vs. -0.6% in December and 0.1% expected.
FX implications
Mixed Eurozone data failed to deter Euro bulls. At the time of writing, the EUR/USD pair is trading at 1.0876, adding 0.20% on the day.
Euro price today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Swiss Franc.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.20% | -0.20% | -0.07% | -0.32% | -0.25% | -0.24% | 0.10% | |
| EUR | 0.20% | 0.00% | 0.15% | -0.11% | -0.04% | -0.03% | 0.30% | |
| GBP | 0.21% | 0.02% | 0.14% | -0.07% | -0.03% | -0.02% | 0.31% | |
| CAD | 0.07% | -0.12% | -0.14% | -0.25% | -0.18% | -0.17% | 0.17% | |
| AUD | 0.31% | 0.11% | 0.07% | 0.22% | 0.03% | 0.06% | 0.40% | |
| JPY | 0.25% | 0.05% | 0.02% | 0.17% | -0.07% | 0.01% | 0.31% | |
| NZD | 0.23% | 0.04% | 0.00% | 0.17% | -0.07% | 0.00% | 0.35% | |
| CHF | -0.10% | -0.29% | -0.31% | -0.17% | -0.39% | -0.34% | -0.33% |
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 Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
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