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Euro Mixed Ahead Of Eurozone GDP Data
(RTTNews) - At 5.00 am ET Wednesday, Eurostat releases euro area revised quarterly national accounts for the fourth quarter. The initial estimate showed that the currency bloc expanded only 0.1 percent after rising 0.3 percent in the third quarter.
Ahead of the data, the euro traded mixed against its major counterparts. While it fell against the pound, it held steady against the franc and the yen. Against the dollar, it recovered.
The euro was worth 145.02 against the yen, 0.9937 against the franc, 1.0540 against the greenback and 0.8904 against the pound as of 4:55 am ET.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
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The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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