Germany has released retail sales data that significantly influenced the movement of EURUSD during trading on Friday (November 28, 2025).
Retail sales in October were reported to grow by 0.9% year-on-year (YoY), exceeding the forecast by Trading Central of 0.6% YoY, and a rise from the previous month’s figure of 0.2% YoY.
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Following the release of this information, EURUSD briefly rallied to 1.15866 before reversing and approaching the daily low of 1.15811.
This data is considered quite positive, suggesting the potential for a rebound in EURUSD. Additionally, the US dollar is currently under pressure due to increasing expectations of a rate cut by the Fed in December. Data from the FedWatch tool indicates that the likelihood of a rate cut by the Fed in December has now reached 85%. This situation adds further pressure on the US dollar.
