Eurostat is set to issue eurozone's retail sales figures at 5:00 am ET. Economists forecast sales to fall 0.5 percent month-on-month in December, following a 0.1 percent rise in November.
The euro edged higher against its major rivals ahead of the report. As of 4:55 am ET, the common currency was trading at 125.70 against the yen, 0.8580 against the pound, 1.2290 against the Swiss franc and 1.3525 against the dollar.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.