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- German Retail Sales decline 2.7% YoY in February vs. -0.8% expected
German Retail Sales decline 2.7% YoY in February vs. -0.8% expected
Germany's Retail Sales dropped 1.9% MoM in February, slowing from a 0.4% decline in January, according to the official data released by Destatis on Thursday. The data missed the market expectations for a 0.3% increase.
Retail Sales in the Eurozone's biggest economy fell 2.7% YoY in February versus a 1.4% annual drop reported in January, much below the forecast of -0.8%.
EUR/USD reaction to the German data
Weaker-than-forecast German data are weighing on the Euro, pushing EUR/USD closer toward 1.0800. The pair is trading 0.10% down on the day at 1.0814, as of writing.
Euro price today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Pound Sterling.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.03% | -0.06% | -0.03% | -0.02% | 0.03% | 0.07% | 0.01% | |
| EUR | 0.03% | -0.03% | 0.01% | 0.02% | 0.07% | 0.09% | 0.04% | |
| GBP | 0.06% | 0.03% | 0.04% | 0.05% | 0.10% | 0.13% | 0.07% | |
| CAD | 0.02% | -0.01% | -0.04% | 0.01% | 0.05% | 0.04% | 0.03% | |
| AUD | 0.02% | -0.02% | -0.05% | 0.01% | 0.08% | 0.08% | 0.02% | |
| JPY | -0.04% | -0.06% | -0.10% | -0.05% | -0.04% | 0.03% | -0.05% | |
| NZD | -0.07% | -0.10% | -0.08% | -0.10% | -0.08% | 0.00% | -0.05% | |
| CHF | -0.03% | -0.06% | -0.07% | -0.06% | -0.04% | 0.03% | 0.06% |
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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