German Retail Sales rise 2.2% YoY in March vs. 4.9% previous
- Retail Sales in Germany rose 2.2% over the year in March.
- EUR/USD remains depressed below 1.1400.
Retail Sales in Germany declined 0.2% month-over-month (MoM) in March, following the 0.8% growth reported in February, according to official data released by Destatis on Wednesday.
The market expectations was for a -0.4% reading.
On an annual basis, Retail Sales rose 2.2% in March, compared to February’s 4.9% surge.
Market reaction
These data fail to move a needle around the Euro (EUR). At the press time, EUR/USD is trading modestly flat on the day at 1.1380.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.04% | 0.08% | 0.13% | -0.04% | -0.48% | -0.20% | -0.05% | |
| EUR | -0.04% | 0.06% | 0.08% | -0.09% | -0.53% | -0.24% | -0.09% | |
| GBP | -0.08% | -0.06% | 0.04% | -0.13% | -0.57% | -0.29% | -0.15% | |
| JPY | -0.13% | -0.08% | -0.04% | -0.17% | -0.61% | -0.28% | -0.16% | |
| CAD | 0.04% | 0.09% | 0.13% | 0.17% | -0.44% | -0.16% | -0.01% | |
| AUD | 0.48% | 0.53% | 0.57% | 0.61% | 0.44% | 0.28% | 0.43% | |
| NZD | 0.20% | 0.24% | 0.29% | 0.28% | 0.16% | -0.28% | 0.15% | |
| CHF | 0.05% | 0.09% | 0.15% | 0.16% | 0.00% | -0.43% | -0.15% |
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 US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
