- Eurozone Retail Sales rebound 0.8% YoY in August vs. 1.0% estimate.
- Retail Sales in the bloc arrived at 0.2% MoM in August, as expected.
Eurozone’s annual Retail Sales rose 0.8% in August after dropping by 0.1% in July, the official data released by Eurostat showed on Monday. The data missed the market consensus of +1.0%.
On a monthly basis, Retail Sales in the old continent increased by 0.2% in the same period vs. July’s revised 0%, meeting the estimates of 0.2%.
FX implications
The mixed Eurozone data fails to move the needle around the Euro. At the time of writing, the EUR/USD pair is trading 0.07% lower on the day at 1.0967.
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 | 0.06% | 0.26% | -0.24% | 0.18% | 0.20% | 0.34% | -0.04% | |
| EUR | -0.06% | 0.26% | -0.26% | 0.15% | 0.12% | 0.28% | -0.12% | |
| GBP | -0.26% | -0.26% | -0.54% | -0.10% | -0.14% | 0.05% | -0.27% | |
| JPY | 0.24% | 0.26% | 0.54% | 0.41% | 0.41% | 0.52% | 0.22% | |
| CAD | -0.18% | -0.15% | 0.10% | -0.41% | 0.05% | 0.16% | -0.22% | |
| AUD | -0.20% | -0.12% | 0.14% | -0.41% | -0.05% | 0.20% | -0.21% | |
| NZD | -0.34% | -0.28% | -0.05% | -0.52% | -0.16% | -0.20% | -0.35% | |
| CHF | 0.04% | 0.12% | 0.27% | -0.22% | 0.22% | 0.21% | 0.35% |
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).
Source: https://www.fxstreet.com/news/eurozone-retail-sales-rise-08-yoy-in-august-vs-10-expected-202410070902