Tuesday, August 26, 2008

Euro mixed against majors amid German GDP data

The German Q2 GDP data was released at 2:00 am ET. Amid the release, the euro showed weakness against the dollar, the pound and the yen but was higher versus franc. At about 2:05 am ET, the euro traded at 1.4688 against the dollar and 0.7966 against the pound. Against the yen and the franc, the euro was worth 161.10 and 1.6164, respectively.

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