German retail sales declined -0.9%<\/a>mom in July, after -1.6% in the previous month. The data dampened hopes that consumer spending in German would help drive the economic recovery across the eurozone region.<\/p>\nThe US Dollar is finding its feet again following stronger than forecast manufacturing data in the previous session. Attention will now turn to US ADP employment figures which could lift the US Dollar further. Expectations are for 950,000 new jobs to have been created.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Euro US Dollar (EUR\/USD) exchange rate continues to fall away from its two year high of US$1.20 reached in the previous session. The pair trades -0.4% at US$1.1867. German retail sales declined -0.9%mom in July, after -1.6% in the previous month. The data dampened hopes that consumer spending in German would help drive the […]<\/p>\n","protected":false},"author":163946597,"featured_media":5296,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1395,1393,1397,1398],"class_list":{"0":"post-104019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd","9":"tag-eur","10":"tag-euro","11":"tag-us-dollar","12":"tag-usd"},"acf":[],"yoast_head":"\n
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