(RTTNews) - During early deals on Tuesday, the European currency plunged to a 2-month low against the British pound and a 13-day low versus the Japanese yen. The euro also weakened against the dollar, but it climbed to a 4-day high against the Swiss franc. Eurozone unadjusted trade surplus stood at EUR 3.7 billion in September, up from a deficit of EUR 2.3 billion in August, revised from EUR 4 billion deficit reported initially, a report from the Eurostat showed today. A year ago, the trade deficit was EUR 6 billion. Against the US dollar, the European currency edged down during early deals on Tuesday. At 5:15 am ET, the euro-dollar pair touched a low of 1.4916, compared to 1.4972 hit late New York Monday. The next downside target level for the pair is seen around 1.484. The 16-nation currency that closed Monday's North American session at 0.8904 against the British pound declined to a 2-month low of 0.8852 at 4:30 am ET Tuesday. If the euro-pound pair falls further, 0.880 is seen as the next target level. UK annual inflation rose to 1.5% in October from 1.1% in September, according to a report released by the Office for National Statistics today. Annual inflation accelerated for the first time since February 2009 and stood slightly above the expected rate of 1.4%. On a monthly basis, consumer prices were up 0.2%, faster than the 0.1% expected. Against the Swiss franc, the single currency showed strength during Tuesday's early deals. At 4:35 am ET, the euro-franc pair climbed to a 4-day high of 1.5110, compared to Monday's closing value of 1.5088. On the upside, 1.512 is seen as the next target level for the pair. The franc declined against its major counterparts after the Federal Statistical Office said today that Switzerland's real retail trade turnover declined 1.6% in September from the corresponding month of the previous year. Sales were down 1% in August, following July's 1% increase. Sale of food increased 1.1%, reversing 0.3% fall in August. Meanwhile, clothing and footwear sales declined 8.9%. The euro extended its Asian session's downtrend against the Japanese yen during today's early European deals on Tuesday. At 3:25 am ET, the euro-yen pair slipped to a 13-day low of 132.62 with 131.8 seen as the next target level. The pair closed Monday's New York deals at 133.34. An index measuring tertiary industry activity in Japan was down 0.5 percent in September, the Ministry of Economy, Trade and Industry said today, posting a score of 96.4. That was below analyst expectations that had called for a 0.2 percent monthly increase after the 0.3 percent gain in August.

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