Eurostat is slated to publish retail sales for October at 5:00 am ET. Eurozone retail sales are forecast to fall 0.2 percent month-on-month, the same rate of decline as seen in September. Annually, it is expected to drop 0.8 percent.
The euro paused previous session's rally against its major counterparts ahead of the report. As of 4:55 am ET, the common currency was trading at 107.77 against the yen, 1.31 against the dollar, 1.2152 against the Swiss franc and 0.8139 against the pound.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.