Today's eurozone retail sales reading YoY showed a decline of -1% vs. -1.3% expected and -0.8% previously
- On MoM basics, retail sales rose 0.1% slightly below the 0.2% forecast, but still much better, from -1.1% previously
Construction PMI also performed better than forecast for almost all, major European economies (ex. Italy)
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوال- Eurozone: 42.9 vs. 41.3 previously
- Germany: 39.1 vs. 36.3 previously
- France: 41.9 vs. 39.6 previously
- Italy: 50.3 vs. 51.6 previously
- United Kingdom: 49.7 vs 49 forecast and 48.8 previously
EURUSD struggled against a key resistance level but in the end, the pair breakout above the 23.6 Fibonacci retracement level of the upward wave from the fall of 2022. A breakout above this level could open the way to new multi-month peaks towards 1.12.
Source: xStation5
