Eurostat said in a report that the retail sales in the euro area fell to 0.8 percent month-on-month in December, following a downwardly revised 0.1 percent drop in November. Economists had expected sales to fall 0.5 percent in the month.
The euro drifted lower against its major rivals following the report. As of 5:02 am ET, the common currency was trading at 125.44 against the yen, 0.8573 against the pound, 1.2290 against the Swiss franc and 1.3520 against the dollar.
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Forex News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.