Mubasher: The euro exchange rate has extended the intra-day poor performance, weakened by the European Monetary Union trade balance that missed forecasts.

Trading balance in December registered EUR21 billion, below expectations (EUR22.4 billion) and the previous month (EUR22.7 billion), Eurosat stated.

Accordingly, the euro exchange rate against U.S. dollar dropped to 1.2 per dollar. Likewise, the currency against Pound Sterling (GBP) declined 0.39% 0.773 per GBP.