Euro Mixed Ahead Of Eurozone GDP, CPI Reports
29 July 2016 - 2:56PM
RTTF2
At 5:00 am ET Friday, Eurostat releases euro area GDP data.
Economists expect the economic growth to halve to 0.3 percent in
the second quarter from 0.6 percent in the prior quarter. Consumer
prices are forecast to gain 0.1 percent annually in July as seen in
June.
Ahead of the data, the euro showed mixed trading against the
other major currencies. While the euro held steady against the
greenback, pound and the yen, it declined against the Swiss
franc.
The euro was valued at 1.1095 against the greenback, 115.16
against the yen, 1.0844 against the franc and 0.8416 against the
pound as of 4:55 am ET.
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