RTTN:Euro Mixed Ahead Of Eurozone Retail Sales Report
Eurozone's retail sales report is due out at 5:00 am ET. Growth in retail sales are expected to ease to 1.5 percent year-over-year in December from 1.6 percent increase in the previous month. Retail sales are predicted to drop by 0.7 percent month-over-month following 1.4 percent increase in November.
The euro showed mixed performance against its major rivals ahead of the report. While the common currency held steady against the yen, it drifted higher against the rest of majors. As of 4:55 am ET, the euro was trading at 1.3522 against the dollar, 136.93 against the yen, 1.2227 against the Swiss franc and 0.8308 against the pound.
