Investing.com - The Euro was lower against the Japanese Yen on Friday after the release of euro zone data on German GDP.
EUR/JPY was trading at 111.36, down 1.22% at time of writing.
The pair was likely to find support at 111.06, today’s low, and resistance at 114.30, Monday’s high.
Earlier in the day, preliminary official data showed that Germany’s gross domestic product rose less-than-expected to a seasonally adjusted 0.70% in the last quarter from 2.30% in the preceding quarter whose figure was revised up from 2.20%.
Analysts had expected German GDP to rise 0.80% in the last quarter.
Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.46% to hit 1.3605 and EUR/GBP rising 0.00% to hit 0.8478.
EUR/JPY was trading at 111.36, down 1.22% at time of writing.
The pair was likely to find support at 111.06, today’s low, and resistance at 114.30, Monday’s high.
Earlier in the day, preliminary official data showed that Germany’s gross domestic product rose less-than-expected to a seasonally adjusted 0.70% in the last quarter from 2.30% in the preceding quarter whose figure was revised up from 2.20%.
Analysts had expected German GDP to rise 0.80% in the last quarter.
Meanwhile, the Euro was down against the U.S. Dollar and up against the British Pound, with EUR/USD shedding 0.46% to hit 1.3605 and EUR/GBP rising 0.00% to hit 0.8478.