Euro Falls Vs Most Majors Ahead Of German ZEW Economic Confidence Index
July 16 2019 - 12:57AM
RTTF2
At 5.00 am ET Tuesday, Germany's ZEW economic confidence survey
for July and euro area foreign trade data for May are due. The
economic sentiment index is seen falling slightly to -22 in July
from -21.1 in June. The trade surplus is seen at seasonally
adjusted EUR 17.5 billion in May compared to EUR 15.3 billion in
April.
Ahead of these data, the euro traded mixed against its major
counterparts. While the euro rose against the pound, it dropped
against the rest of major rivals.
The euro was worth 121.46 against the yen, 1.1068 against the
franc, 0.9018 against the pound and 1.1246 against the greenback as
of 4:55 am ET.
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