Euro zone May retail sales -1.1% m/m, -1.9% y/y

Compared to median forecasts of -1.0%, -0.9% respectively.

April’s data revised down to +0.7% m/m, +0.8% y/y from previous +0.9%, +1.1% respectively. Pretty crappy all in all.

EUR/USD touch lower at 1.4473.