Brazil Retail Sales (MoM) above forecasts (-0.8%) in April: Actual (-0.4%)

Jun 12, 2025

EUR pushes to fresh multi-year high – Scotiabank

Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes.

ECB’s De Guindos: The euro area economy has proved fairly resilient

The vice-president of the European Central Bank, Luis de Guindos, said that the bloc’s economy had proven resilient but faced a number of risks, such as tariffs, that could curb growth.

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Brazil Retail Sales (MoM) above forecasts (-0.8%) in April: Actual (-0.4%)

EUR pushes to fresh multi-year high – Scotiabank

ECB’s De Guindos: The euro area economy has proved fairly resilient