EU Retail Sales (YoY) (May): -0.1%; 1% (MoM)

Jul 3, 2013

EUR/JPY drops 180 pips before support

EUR/JPY has fallen from 130.80 to 130.00 to find 5 minutes worth of support before falling a further 100 pips.

EMU: Annual Retail Sales slide 0.1% in May

Eurostat informed on Wednesday that Eurozone year-over-year Retail Sales dropped 0.1% in May, up from the 1% decrease in April and against forecasts of a 2% fall.