Euro Rises Vs Most Majors Ahead Of Eurozone Inflation Data
28 April 2017 - 6:55AM
RTTF2
At 5.00 am ET Friday, Eurostat releases euro area flash
inflation figures. Economists forecast inflation to accelerate to
1.8 percent in April from 1.5 percent in March.
Ahead of the data, the euro traded mixed against its major
counterparts. While the euro rose against the greenback, franc and
the yen, it dropped against the pound.
The euro was worth 1.0895 against the greenback, 121.23 against
the yen, 1.0825 against the franc and 0.8420 against the pound as
of 4:55 am ET.
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