Euro Mixed Ahead Of German Unemployment Data
03:52, 31st July 2014
(RTTNews) - At 3:55 am ET, Germany's Federal Labor Agency is due to release its unemployment report for July. The unemployment rate is expected to remain stable at 6.7 percent in July. The number of unemployed people are expected to decrease by 5000 in July after rising by 9000 in the previous month.
Ahead of the data, the Euro showed mixed trading against its major rivals.
While the euro fell against the U.S. dollar, it recovered against the pound and the yen. Against the Swiss franc, it held steady.
As of 3:50 am ET, the European currency was trading at 0.7923 against the Pound, 1.2170 against the Swiss franc, 1.3391 against the U.S. dollar and 137.76 against the Yen.
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