German retail sales data for January was released today at 7:00 am GMT. Market was expecting a monthly increase in retail sales, as well as a smaller year-over-year drop compared to December 2023.
Actual report turned out to be a disappointment - retail sales unexpectedly dropped on a monthly basis, while year-over-year decline turned out to be deeper than expected. However, market's reaction was rather muted, with neither EUR nor DE40 experiencing any major moves
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือGermany, retail sales for January
- Monthly: -0.4% MoM vs +0.5% MoM expected (-1.6% MoM previously)
- Annual: -1.6% YoY vs -1.5% YoY expected (-1.7% YoY previously)
EURUSD ticked lower after German retail sales data, but scale of the move was minimal. The main currency pair is testing a short-term support zone in the 1.0830 area. Source: xStation5
