EUR/GBP continues to challenge the 0.8600 level as markets pull back from the Pound Sterling. The race to the bottom intensifies as both currencies underperform following disappointing EU Retail Sales
EUR/USD Analysis: Market Mood Improves But Euro Weakens on Poor Data Investors remain cautious despite slight improvement in market sentiment. European data disappoints, putting pressure on the Euro. EUR/USD holds
According to official data released by Eurostat, Eurozone's retail sales fell by 0.3% year-over-year in June, after a 0.5% increase in May. This missed market expectations of a 0.1% increase.
Australia’s Retail Sales, a key indicator of consumer spending, exceeded market forecasts by rising 0.5% month-on-month in June, following a 0.6% increase in May, according to data released by the