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Euro Falls Ahead Of German PMI
(RTTNews) - At 4:30 am ET Friday, Germany's flash PMI data is due. Economists forecast the composite indicator to climb to 51.0 in March from 50.7 in the previous month.
Ahead of the data, the euro dropped against its major rivals.
The euro was worth 1.0783 against the greenback, 140.41 against the yen, 0.9989 against the franc and 0.8802 against the pound as of 4:25 am ET.
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Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Thursday.
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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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The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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