Euro slightly off 5-day high versus franc

The European common currency moved off a little against its Swiss counterpart by 7:50 am ET Wednesday. The euro that rose to a 5-day high of 1.6184 versus the franc around 7:20 am ET is currently trading at 1.6174.
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(CEP News) Frankfurt - Construction output in the euro zone fell 2.4% in June on an annualized basis, down from the 1.6% decline seen in the previous month. May's yearly fall was revised down from an initial figure of -1.1%

Among the states for which there are data, Slovenia saw the strongest increases in output, with production growing 14.9% in June. Conversely, Spain led the way in declines, with contraction output falling 15.9% in the country.

In monthly terms, construction output dipped 0.6% after rising 0.1% in May, which was revised down from a 0.2% gain.

By Todd Wailoo, twailoo@economicnews.caThis email address is being protected from spam bots, you need Javascript enabled to view it , edited by Nancy Girgis, ngirgis@economicnews.caThis email address is being protected from spam bots, you need Javascript enabled to view it

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