WHAT IT INFLUENCES: EUR and its subsequent pairs

WHAT'S HAPPENING:  The Retail Sales released by the Euro stat is a measure of sales changes in the euro zone retail sector. 

The report displays the retail sector performance in the short term by the change in percentage. 


The changes are widely accepted as consumer spending indicator. Usually, positive economic growth predicts bullish sentiment for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

RBNZ Interest Rate Decision, New Zealand

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