News Column

Euro Falls Against Most Majors Ahead Of German ZEW Survey

August 12, 2014

BRUSSELS (Alliance News) - At 5.00 am ET Tuesday, Germany's ZEW economic sentiment index for August is due. The economic sentiment index is seen at 17 in August, down from 27.1 in July.

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

As of 4:55 am ET, the Euro was trading at 0.7965 against the Pound, 1.3358 against the US dollar, 1.2139 against the Swiss franc and 136.63 against the Yen.

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Source: Alliance News

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