Euro Drops Ahead Of German Industrial Output, Trade Data
07 Juni 2019 - 3:56AM
RTTF2
At 2.00 am ET Friday, Destatis is slated to publish Germany's
industrial output and external trade data. Industrial production is
forecast to fall 0.2 percent on month in April, following a 0.5
percent rise in March. Germany's exports are forecast to fall 0.9
percent on month and imports to decline 0.2 percent in April.
Ahead of these data, the euro declined against its major
rivals.
The euro was worth 1.1265 against the greenback, 122.14 against
the yen, 1.1174 against the franc and 0.8872 against the pound as
of 1:55 am ET.
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