Euro Rises Vs Most Majors Ahead Of German Industrial Production, Trade Data
March 08 2018 - 7:58PM
RTTF2
At 2.00 am ET Friday, Destatis is set to publish Germany's
industrial production and foreign trade reports. Economists
forecast output to expand 0.7 percent on month in January, in
contrast to a 0.6 percent drop in the previous month.
Ahead of the data, the euro traded mixed against its major
rivals. While the euro rose against the greenback, pound and the
franc, it held steady against the yen.
The euro was worth 131.47 against the yen, 1.2318 against the
greenback, 0.8924 against the pound and 1.1726 against the franc as
of 1:55 am ET.
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