Euro loses earlier gains against Dollar after U.K data

Source: WBP Online
© Scanpix/Reuters
The common currency was positively affected by improving German Ifo Business climate gauge in July, but the Euro weakened after the release of data on U.K. GDP growth for the last quarter. The 17-nation currency dropped 0.1% to $1.3186 versus the U.S. Dollar at 9:11 a.m. GMT. It lost 0.48% to 131.76 versus the Yen. Against the British Pound, the Euro fell 0.18% to 0.8608.

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