The euro drifted lower against other major currencies during Friday’s early European deals as the regional stocks declined. The euro fell to a 1-week low against the franc and a 4-day low against the yen.
European stocks fell,taking cues from overseas markets and mounting concern about the health of the U.S. economy ahead of second quarter GDP data set for release later in the global trading day and a key July jobs report due next week.
Around 4:00 am ET, U.K’s benchmark FTSE 100 index was down 11.87 points or 0.22%, France’s CAC 40 index fell 15.36 points or 0.4% and Germany’s DAX slipped 10.56 points or 0.2%.
In economic news, Germany’s wholesale turnover continued to increase in the second quarter from the previous year.
The wholesale turnover in real terms increased 7.1% year-on-year in the second quarter, faster than a 4.3% growth in the previous quarter, a report by the Federal Statistical Office showed on Friday. Nominally, wholesale sales climbed 12.2%, following a 6.6% growth in the first quarter.
The euro slipped against the yen in early European deals on Friday. The euro is now trading at a 4-day low of 112.44 against the yen, compared to yesterday’s closing quote of 113.52. On the downside, 110.70 is seen as the next downside target level.
During early European deals on Friday, the euro lost ground against the dollar. As of now, the euro-dollar pair is worth 1.3030, down from a high of 1.3094 hit at 2:50 am ET. If the euro weakens further, it may likely target the 1.298 level. At yesterday’s close, the pair was quoted at 1.3080.
The euro-franc pair fell to a 1-week low of 1.3516 at 4:05 am ET, a depreciation of 0.69% from yesterday’s closing quote of 1.3617. As of now, the pair is worth 1.3535. On the downside, 1.334 is seen as the next target level for the euro.
Against the British pound, the euro is now worth 0.8340 with 0.831 seen as the next downside target level. At yesterday’s close, the pair was worth 0.8380.
Looking ahead, the euro zone unemployment data for June, Italian and the euro-zone final CPI – both for July will be released at 5:00 am ET.
Across the Atlantic, the U.S. GDP for the second quarter, Chicago PMI for July and University of Michigan final consumer confidence data for July are slated for release.
TҺеse arе among tɦe most typicаl hardwood flooring points
they uѕually usually occur over time as the ground is used and its protective fіnish wears off.
Thank you for any other great post. The place else could anyone get that type of info
in such a perfect means of writing? I’ve a presentation subsequent week, and I’m on the search for such information.
Hiya! Quick question that’s totally off topic. Do you know how to make your site mobile friendly?
My web site looks weird when browsing from my iphone4.
I’m trying to find a theme or plugin that might be able to resolve this issue.
If you have any suggestions, please share. Appreciate it!
The parentheses can comprise up to 20 arguments or no arguments in any respect.
How are you supposed to know which web designer to choose.
For Frisky Kitten, I am currently in the process of designing it, while doing other
things, like crocheting a bunch of can cozies to help raise money for a family member who had an accident
and doesn’t have insurance, maintaining Purlsand – Puffs.
We strive to provide every customer with excellent customer service and we do it all at a very affordable price.
It offers you a holistic overview of your revenue generation. For Frisky Kitten, I am
currently in the process of designing it, while doing other things,
like crocheting a bunch of can cozies to help raise money for a family member who
had an accident and doesn’t have insurance, maintaining Purlsand – Puffs.
If you like their work and if their previous clients assure you they are reliable, they could be the company for
you.
Have many business playing cards built as well as get
away from them with regional businesses plus managers. Without careful planning and careful tests and executing, a website may come to a point that the only accessible page in its site is only its home page.
Some of the major skills, by which you could expect to operate your superlative online business operations,
are mentioned in this article.
Having decided to get web designing done, look for a suitable, experienced and well
qualified web designer. Sometime web designers will use techniques
that would never be considered for non-ecommerce websites.
Therefore, imperative to get the expertise required for such works.
Some time hiring a web design company in Canada could be bit costly
for you then looking for a freelance website designer could be
profitable for you. All critical content and navigation options
should be on the top part of the page. For example, costs of the products do not matter, if
the target audience is customers who high end.
Having decided to get web designing done, look for
a suitable, experienced and well qualified web designer.
All critical content and navigation options
should be on the top part of the page. There are different style sheets that can be scalable according to the situation and that are used in responsive design.