Euro slips towards two-week low ahead German data

Note: This section contains information in English only.
Source: Bloomberg
The Euro, 17-nation common currency, was traded at 1.2998 per U.S. Dollar in the second part of Tokyo trading session on Wednesday. The price slipped to a 1.2973 level yesterday, which is the lowest point since 8th of April. Investors worry about German business confidence data, as Bloomberg News survey indicates a drop to 106.2 points in April from a 106.7 level in March. A slowdown in the largest European country fuels speculation about the key interest rate cut.
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