Select Language

When are the German Retail Sales and how could they affect EUR/USD?

Breaking news

When are the German Retail Sales and how could they affect EUR/USD?

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.09.30 13:21
When are the German Retail Sales and how could they affect EUR/USD?

update 2025.09.30 13:21

The German Retail Sales Overview

The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Tuesday at 06:00 GMT.

Germany's Retail Sales are expected to rise by 0.6% month-over-month (MoM) in August, in comparison to the previous decline of 1.5%. The annual Retail Sales climbed by 1.9% in July.

How could the German Retail Sales affect EUR/USD?

A stronger-than-expected German Retail Sales data may push the EUR/USD pair to extend its gains. However, recent data in the Eurozone showed that sentiment improved but failed to support the Euro against its peers. Traders await Unemployment and flash Consumer Price Index (CPI) data from Germany due later in the day.

The EUR/USD pair gained ground as the US Dollar (USD) weakened, as traders tread cautiously amid concerns that the upcoming US jobs report may not be released this week, with the government nearing a funding freeze and possible shutdown.

Technically, the EUR/USD pair maintains its position near 1.1720 at the time of writing, following two days of gains. The market bias is bearish as the 14-day Relative Strength Index (RSI) is positioned slightly below the 50 level. Further movements will likely offer a clear directional trend.

The immediate barrier lies at the nine-day Exponential Moving Average (EMA) of 1.1735. A break above this level would improve the short-term price momentum and support the pair to explore the region around 1.1918, the highest since June 2021, which was recorded on September 17. On the downside, the initial support appears at the 50-day EMA of 1.1686. Further declines would prompt the EUR/USD pair to test the monthly low of 1.1608.

German economy FAQs

The German economy has a significant impact on the Euro due to its status as the largest economy within the Eurozone. Germany's economic performance, its GDP, employment, and inflation, can greatly influence the overall stability and confidence in the Euro. As Germany's economy strengthens, it can bolster the Euro's value, while the opposite is true if it weakens. Overall, the German economy plays a crucial role in shaping the Euro's strength and perception in global markets.

Germany is the largest economy in the Eurozone and therefore an influential actor in the region. During the Eurozone sovereign debt crisis in 2009-12, Germany was pivotal in setting up various stability funds to bail out debtor countries. It took a leadership role in the implementation of the 'Fiscal Compact' following the crisis - a set of more stringent rules to manage member states' finances and punish 'debt sinners'. Germany spearheaded a culture of 'Financial Stability' and the German economic model has been widely used as a blueprint for economic growth by fellow Eurozone members.

Bunds are bonds issued by the German government. Like all bonds they pay holders a regular interest payment, or coupon, followed by the full value of the loan, or principal, at maturity. Because Germany has the largest economy in the Eurozone, Bunds are used as a benchmark for other European government bonds. Long-term Bunds are viewed as a solid, risk-free investment as they are backed by the full faith and credit of the German nation. For this reason they are treated as a safe-haven by investors - gaining in value in times of crisis, whilst falling during periods of prosperity.

German Bund Yields measure the annual return an investor can expect from holding German government bonds, or Bunds. Like other bonds, Bunds pay holders interest at regular intervals, called the 'coupon', followed by the full value of the bond at maturity. Whilst the coupon is fixed, the Yield varies as it takes into account changes in the bond's price, and it is therefore considered a more accurate reflection of return. A decline in the bund's price raises the coupon as a percentage of the loan, resulting in a higher Yield and vice versa for a rise. This explains why Bund Yields move inversely to prices.

The Bundesbank is the central bank of Germany. It plays a key role in implementing monetary policy within Germany, and central banks in the region more broadly. Its goal is price stability, or keeping inflation low and predictable. It is responsible for ensuring the smooth operation of payment systems in Germany and participates in the oversight of financial institutions. The Bundesbank has a reputation for being conservative, prioritizing the fight against inflation over economic growth. It has been influential in the setup and policy of the European Central Bank (ECB).


Date

Created

 : 2025.09.30

Update

Last updated

 : 2025.09.30

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Gold remains rangebound as investors weigh US-China talks and Russia sanctions

Gold (XAU/USD) fluctuates within a tight range on Thursday, consolidating after a sharp correction from historic highs.
New
update2025.10.23 21:03

Silver climbs as safe-haven demand, Fed rate cut bets drive gains

Silver (XAG/USD) advances firmly on Thursday, trading around $49.20 per ounce at the time of writing, up 1.40% for the day.
New
update2025.10.23 20:42

GBP/JPY Price Forecast: Pound crawls towards 204.00 on Yen weakness

The British Pound is has reverted to Wednesday's pullback and trades at the upper range of the 203.00s, as news that the new Japanese government should be preparing a large stimulus program is hammering the Yen on Thursday.Reuters has reported, citing a government document, that Prime Minister Takai
New
update2025.10.23 20:33

SNB minutes offer little on negative rate debate - Rabobank

If the market had hoped that the publication of the minutes of the SNB's latest policy meeting would lay bare the full array of the Governing Council's thoughts on the pros and cons of negative rates, it will have been disappointed, Rabobank's FX analyst Jane Foley reports.
New
update2025.10.23 20:33

Silver Price Forecast: XAG/USD attracts bids near $48 on renewed Sino-US trade tensions

Silver price (XAG/USD) rebounds to near $49.20 during the European trading session on Thursday after attracting bids near $48.00. The white metal gains on renewed trade tensions between the United States (US) and China.
New
update2025.10.23 20:30

USD/CNH: Likely to trade between 7.1220 and 7.1320 - UOB Group

US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.10.23 20:23

U.S.: AI boom is contributing to boosting GDP growth - National Bank of Canada

Data released in the United States before the government shutdown painted a decidedly positive picture of the economic situation.
New
update2025.10.23 20:20

USD/JPY: Likely to trade trade between 150.00 and 153.00 - UOB Group

Outlook is mixed; US Dollar (USD) could trade between 150.00 and 153.00 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.10.23 20:00

US Dollar Index (DXY) holds gains as markets await US CPI data

The US Dollar weakness has been short-lived, and the USD Index is retracing on Thursday most of Wednesday's losses, returning above the 99.00 level, as fresh trade frictions between the US and China have dampened risk appetite ahead of the release of the US Consumer Prices Index, due on Friday.
New
update2025.10.23 19:51

BoE's Dhingra: US tariffs to put downward pressure on UK inflation - Reuters

Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra said in a speech at a research conference hosted by Ireland's central bank on Thursday that the United States (US) tariff policy is a major drag on global growth and prices.
New
update2025.10.23 19:48

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel