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Forex News: Euro Mixed Ahead Of Eurozone Economic Confidence Index

Euro Mixed Ahead Of Eurozone Economic Confidence Index

09/28/2017 - 04:57:00 (RTTNews)

(RTTNews) - At 5:00 am ET Thursday, European Commission releases euro area economic confidence index for September. The sentiment index is seen rising to 112 from 111.9 in August. Economists expect the business climate index to climb marginally to 1.12 from 1.09 in the previous month.

Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the U.S. dollar, the pound and the Swiss franc, it held steady against the yen.

As of 4:55 am ET, the euro was trading at 0.8807 against the pound, 1.1459 against the Swiss franc, 1.1768 against the U.S. dollar and 132.70 against the yen.

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