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Euro Mixed Ahead Of German Industrial Production

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Federal Ministry of Economics and Technology is slated to release Germany's industrial production for August at 6:00 am ET Monday. Economists expect output to fall 0.5 percent month-on-month after rising 1.3 percent in July.

Ahead of the data, the euro showed mixed trading against other major currencies. While the euro bounced back from early lows against the pound and the franc, it held steady against the yen and the greenback.

At 5:55 am ET, the euro was quoted at 1.2111 against the franc, 101.38 against the yen, 0.8076 against the pound and 1.2968 against the greenback.

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