Germany is set to release its trade balance and current account data-both for July at 2:00 am ET. Germany's trade surplus is seen falling to EUR 15.3 billion from EUR 17.9 billion in June. Current account is predicted to have slowed to EUR 13.5 billion in July from EUR 16.5 billion in the previous month.
The euro held steady against its major rivals ahead of the report. As of 1:55 am ET, the common currency was trading at 99.75 against the yen, 1.2640 against the dollar, 0.7930 against the pound and 1.2060 against the Swiss franc.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.