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Forex News: Euro Falls Ahead Of Eurozone Industrial Production

Euro Falls Ahead Of Eurozone Industrial Production

07/12/2017 - 04:55:00 (RTTNews)

(RTTNews) - At 5:00 am ET Wednesday, Eurostat is scheduled to issue euro area industrial production figures for May. Economists forecast industrial output to rise 1 percent month-on-month, following a 0.5 percent rise in April.

Ahead of the data, the euro fell against its major rivals.

As of 4:55 am ET, the euro was trading at 0.8912 against the pound, 1.1039 against the Swiss franc, 1.1458 against the U.S. dollar and 129.94 against the yen.

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