Euro Mixed Ahead Of Eurozone GDP, CPI Reports

00:56, 29th July 2016

(RTTNews) - 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.