Euro Drops Vs Most Majors Ahead Of Eurozone CPI, GDP And Jobless Rate
April 29 2016 - 12:55AM
RTTF2
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.
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