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Story perspectives

Euro Rises Despite Eurozone Retail Sales Decline

11/7/2025

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Summary

Story summary

The euro rose above 1.1500 against the U.S. dollar despite Eurozone retail sales falling 0.1% in September.
The U.S. economy remains robust, with strong employment data and a rising ISM Services PMI.
This reduces the probability of a Federal Reserve rate cut.
Eurozone Composite PMI rose to 52.5, signaling expansion despite inflation concerns.
EUR/USD has support near 1.1470 and resistance near 1.1545.

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Story summary

The euro rose above 1.1500 against the U.S. dollar despite Eurozone retail sales falling 0.1% in September.
The U.S. economy remains robust, with strong employment data and a rising ISM Services PMI.
This reduces the probability of a Federal Reserve rate cut.
Eurozone Composite PMI rose to 52.5, signaling expansion despite inflation concerns.
EUR/USD has support near 1.1470 and resistance near 1.1545.