Currency Alerts

Euro Strengthens Ahead Of Eurozone Retail Sales Report

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.

by RTTNews Staff Writer

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