RTTN:Euro Halts Rally Ahead Of Eurozone Retail Sales Report
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.
