FXstreet.com (Barcelona) - The Euro has reacted down against the Greenback on the back of a better than expected November retail sales data released today. EUR/USD has fallen 35 pips in the minutes following the data from 1.4770 to test MA55 hourly chart at 1.4730.

Currently the pair is trading around 1.4735/45, at the same opening price range at 1.4730.

Retail sales in United States has risen 1.3% between October and November, better than 0.6% increases expected by market. Excluding cars, retail sales has climbed 1.2%, better than 0.6% expected by market and well above 0.2% increases posted in previous month.

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