News Column

Euro Falls Against Most Majors Ahead Of Eurozone Trade Data

July 16, 2014

BRUSSELS (Alliance News) - At 5:00 am ET Wednesday, Eurostat will release Eurozone's trade balance report. The trade surplus is expected to increase to EUR 16.5 billion in May from EUR 15.7 billion in April.

Ahead of the data, the euro was trading mixed against the other major currencies. While the euro held steady against the franc, it declined against the rest of major currencies.

The euro was quoted at 1.3543 against the greenback, 1.2154 against the franc, 137.73 against the yen and 0.7905 against the pound as of 4:55 am ET.

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Source: Alliance News

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