Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Retail Sales (MoM) is 0.4%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Retail Sales (MoM) was -0.5% against a forecast of -0.3%.
Recent economic data has been strongly bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Country: | Eurozone |
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Currency: | EUR |
Source: | Eurostat |
Category: | Consumption |
Frequency: | Monthly |