Previous close | 1.0870 |
Open | 1.0871 |
Bid | 1.0860 |
Day's range | 1.0858 - 1.0872 |
52-week range | 1.0450 - 1.1276 |
Ask | 1.0854 |
American annual inflation in April declined to 3.4% in line with the consensus, but expectations for rates remain similar.
The single currency’s gross domestic product expanded during the January to March period – although only half as fast as the UK.
Euro area governments unable to put in place consistent medium-term fiscal plans face credit-rating pressure even though reducing public borrowing is possible including for highly indebted countries, says Scope Ratings.