News Column

Euro Mixed Ahead Of German Trade Data

July 7, 2014



BRUSSELS (Alliance News) - At 2 am ET Tuesday, Destatis will release German trade data for May. The trade surplus is estimated to decline to EUR 16.2 billion in May from EUR 17.4 billion in April.

Ahead of the data, the euro showed mixed trading against the other major currencies. While the euro fell against the greenback, it held steady against the rest of major currencies.

As of 1:55 am ET, the euro was quoted at 1.3601 against the greenback, 138.50 against the yen, 1.2156 against the franc and 0.7940 against the pound.



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Source: Alliance News


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