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25.08.201701:55:00UTC+00Euro Steady Ahead Of German GDP, Trade Data

Destatis is set to publish Germany's detailed quarterly national accounts for the second quarter and foreign trade prices for July in the pre-European session on Friday at 2:00 am ET. According to initial estimate, the economy expanded 0.6 percent sequentially in the second quarter. Import prices are expected to climb 2.3 percent year-on-year in July, following a 2.5 percent increase in June.

Ahead of these data, the euro held steady against its major rivals.

As of 1:55 am ET, the euro was trading at 0.9207 against the pound, 1.1383 against the Swiss franc, 1.1798 against the U.S. dollar and 129.29 against the yen.



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