- EUR/JPY extends its downside to 159.00 after the German data.
- The annual German Retail Sales declined 2.2% in July, compared to an expected 1.0% drop.
- Japanese Retail Sales rose by 6.8% YoY in July versus 5.6% prior, better than the expectation of 5.4%.
- Investors await the German Unemployment Rate, Eurozone Harmonized Index of Consumer Prices (HICP) data.
The EUR/JPY cross loses momentum following the release of German Retail Sales. At the time of writing, the EUR/JPY is losing 0.47% on the day to trade at 159.00.
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