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At 5.00 am ET Wednesday, Eurostat is set to issue flash GDP estimate for the first quarter. GDP is forecast to grow 0.4 percent sequentially, as previously estimated.
Ahead of the data, the euro traded mixed against its major counterparts. While the euro rose against the greenback, it held steady against the rest of major counterparts.
The euro was worth 122.76 against the yen, 1.1280 against the franc, 0.8683 against the pound and 1.1214 against the greenback as of 1:55 am ET.
