Euro Steady Ahead Of German Retail Sales Data
01:56, 29th May 2015
(RTTNews) - At 2:00 am ET Friday, Germany's statistical office is slated to release retail sales data for April. Sales are forecast to be at 1.0 percent month-on-month in April following March's 1.4 percent decrease. On yearly basis, the the sales are estimated to decrease to 2.5 percent in April, compared to 3.5 percent in March.
Ahead of the data, the Euro held steady against its major rivals.
As of 1:55 am ET, the Euro was trading at 0.7141 against the Pound, 1.0326 against the Swiss franc, 1.0947 against the U.S. dollar and 135.62 against the Yen.
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