Sweden Retail Sales (MoM) up to -0.1% in May from previous -0.2%

The shared currency recovered most losses versus the US dollar in the European morning trades, with EUR/USD now retesting 1.12 handle. The European currency swung back higher from lows as Greece concerns eased a bit after German Chancellor Merkel confirmed Euro group meeting on Saturday. While US dollar keeps mild gains, retreating from session highs versus its major competitors.