Euro Slips on GDP Data, Yen Slumps as BOJ Maintains Ultra-Low Rates

Euro Slips on GDP Data, Yen Slumps as BOJ Maintains Ultra-Low Rates
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound, and Chinese 100 yuan banknotes in this picture illustration on Jan. 21, 2016. Jason Lee/Reuters
Reuters
Updated:

LONDON/SINGAPORE—The euro fell on Friday after economic data painted a mixed picture for growth and inflation across the eurozone, raising uncertainty around the size of the European Central Bank’s expected interest rate hike next week.

Preliminary data showed gross domestic product in the eurozone expanded by 0.1 percent in the first quarter, below expectations in a Reuters poll for 0.2 percent.