News Column

Euro Mixed Ahead Of PMI Reports, German Unemployment Rate

July 1, 2014

BRUSSELS (Alliance News) - The manufacturing PMIs of Italy and France are due at 3:45 am ET and 3:50 am ET, respectively. At 3:55 am ET, German jobless rate and final manufacturing PMI for June are set for release. Eurozone PMI is to be released at 4:00 am ET Tuesday.

Ahead of these reports, the euro showed mixed trading against the other major currencies. While the euro held steady against the franc, it recovered from early lows against the rest of major currencies.

The euro was trading at 1.3689 against the greenback, 138.93 against the yen, 1.2144 against the franc and 0.8003 against the pound as of 3:40 am ET.

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Source: Alliance News

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