Australian Currency Slips Versus Euro Friday

The Australian currency slipped in trading against the euro on Friday afternoon. The aussie edged down to a mark of 1.6630 by 4:00PM EST. Traders considered German data which showed German industrial output grew 0.1% month-over-month in July. In June, industrial output dropped 0.2%, revised from 0.4% fall estimated earlier. Compared to last year, industrial production grew 4.6% in July, smaller than a revised 5.2% growth seen in the prior month.