Euro Recovers Vs Most Majors Ahead Of Eurozone CPI
15 Juni 2018 - 6:57AM
RTTF2
At 5.00 am ET Friday, Eurostat releases euro area consumer
prices and foreign trade figures. Inflation is forecast to rise to
1.9 percent in May, as initially estimated, from 1.2 percent in
April.
Ahead of the data, the euro traded mixed against its major
counterparts. While the euro recovered from its early lows against
the pound, franc and the greenback, it held steady against the
yen.
The euro was worth 1.1598 against the greenback, 128.18 against
the yen, 1.1553 against the franc and 0.8736 against the pound as
of 4:55 am ET.
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