8:31 AM · 28 November 2025

EURNOK muted after weak Germany retail sales and Norwegian unemployment

Germany’s actual retail sales for October came in at -0.3% m/m (forecast 0.2%, previous 0.2%).
Norway’s unemployment rate for November was 2.1% (forecast 2%, previous 2.0%).
Sweden’s retail sales for October amounted to -0.3% m/m (previous 0.1%).

This morning brought a series of macroeconomic releases from several European economies. However, they did not significantly affect price movements on EURUSD, USDNOK, or EURSEK pairs.

Below you will find a heatmap showing the current volatility in the FX market.

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