Euro Drops Vs Most Majors Ahead Of Eurozone CPI, GDP And Jobless Rate

00:55, 29th April 2016

(RTTNews) - At 5:00 am ET Friday, GDP, unemployment and flash consumer prices are due from euro area. The economy is forecast to grow 0.4 percent sequentially in the first quarter, slightly faster than the 0.3 percent expansion seen in the prior period. The jobless rate is seen unchanged at 10.3 percent in March and flash consumer prices are forecast to fall 0.1 percent on a yearly basis in April after staying flat in March.

Ahead of these data, the euro traded mixed against its major rivals. While the euro rose against the pound, it dropped against the greenback, yen and the franc.

The euro was worth 1.1384 against the greenback, 121.83 against the yen, 1.0959 against the franc and 0.7797 against the pound as of 4:55 am ET.