News Column

Euro Mixed Ahead Of German Q1 GDP Data

May 22, 2014



BRUSSELS (Alliance News) - Destatis is set to release German first quarter final GDP data at 2:00 am ET Friday. The index is seen 0.8% on quarter, in line with previous estimate.

Ahead of the data, the Euro showed mixed trading against its major rivals.While the Euro fell against the Yen and the Pound, it held steady against the Swiss franc and the US dollar.

As of 1:55 am ET, the Euro was trading at 0.8089 against the Pound, 1.2214 against the Swiss franc, 1.3648 against the US dollar and 138.78 against the Yen.



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Source: Alliance News


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