Euro mixed in Asia after fresh GDP data

TOKYO: The euro was mixed in Asia Thursday after fresh data showed the troubled eurozone had exited a recession in the second quarter.

The single currency fetched $1.3296 and 129.96 yen against 1.3255 and 130.08 yen in New York on Wednesday.

The dollar changed hands at 97.75 yen, compared with 98.14 yen in US trade with retail sales data this week pointing to a still unsteady recovery for the world's largest economy.

Eurozone data showed that the economy of the 17-country bloc grew 0.3 percent in the three months to June, exiting an 18-month recession.

The zone's biggest economy, Germany, expanded 0.7 percent, while France grew 0.5 percent, well ahead of forecasts for just 0.2 percent.

But stronger industrial output numbers for Europe on Tuesday had already heightened expectations of good growth figures, giving the euro a boost ahead the figures published on Wednesday.

The results "should at least help to support confidence" in the embattled bloc, National Australia Bank said.