Euro Mixed Ahead Of German Retail Sales Data
02:05, 31st July 2014
(RTTNews) - At 2:00 am ET Thursday, German Federal Statistical Office Destatis is scheduled to release its retail sales for June. Retail sales are expected to rise 1.3 percent year-over-year in June following the 1.9 percent increase in May. On a month-over-month basis, retail sales are estimated to rebound by 1 percent in June following the 0.6 percent decline in May.
Ahead of the data, the Euro showed mixed trading against its major rivals. While the euro eased against the yen, the pound and the franc, it held steady against the U.S. dollar.
As of 1:55 am ET, the Euro was trading at 0.7916 against the Pound, 1.3396 against the U.S. dollar, 1.2168 against the Swiss franc and 137.64 against the Yen.
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