Euro Mixed Ahead Of German CPI,GDP
12 Maggio 2017 - 3:55AM
RTTF2
Destatis is scheduled to issue Germany's final inflation data
and GDP data for the first quarter in the pre-European session on
Friday at 2:00 am ET. According to flash estimate, inflation was 2
percent in April. The economy is forecast to grow 0.6 percent
sequentially, following a 0.4 percent increase in the fourth
quarter.
Ahead of these data, the euro showed mixed trading against its
major rivals. While the euro rose against the Swiss franc, it held
steady against the U.S. dollar, the yen and the pound.
As of 1:55 am ET, the euro was trading at 0.8435 against the
pound, 1.0953 against the Swiss franc, 1.0871 against the U.S.
dollar and 123.66 against the yen.
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