The euro continues its strength against the dollar and is stronger against the pound this morning.
Retail sales data for Germany was released this morning, showing that sales jumped 2.6% month-on-month in October, following a 1.9% fall in September and well forecasts of a 1.2% rise. It is the biggest increase since April of 2018. Year-on-year, they increased 8.2%.
This shows that the economy is attempting to bounce-back from the pandemic in October. However, a partial lockdown followed at the beginning of November.
