Euro Steady Ahead Of German Retail Sales Data
29 May 2015 - 3:56PM
RTTF2
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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