Retail sales in Germany rose in June by 4.2%, according to data released on Monday morning, August 2 from the Federal Statistical Office (Destatis), compared to the revised May reading to 4.6%, less than the market expectations of 1.9%, benefiting from the continuous decline In the incidence of corona virus in Germany.

On the other hand, retail sales in Switzerland declined by 0.1% in June on a monthly basis, according to the data of the Swiss Federal Statistics Office (FSO), compared to a growth of 2.8% in May (expectations of 3.4%).

The euro is trading higher against the US dollar in the opening session of the week today, Monday, at 1.1882 levels, while the Swiss franc is trading at 0.9055 levels against the US dollar.