Latest data released by Eurostat - 5 June 2019
- Prior 0.0%
- Retail sales +1.5% vs +1.5% y/y expected
- Prior +1.9%; revised to +2.0%
A slight drop in consumption/retail activity in the month of April but nothing too notable. The release falls more or less within expectations so it won't really do much to move the needle in the euro at this point in time.
EUR/USD holds higher at 1.1280 currently as the dollar continues to slip, with the pair looking to challenge a break of the 100-day moving average.
