Euro Mixed Ahead Of Eurozone PPI
02 September 2015 - 1:55PM
RTTF2
At 5.00 am ET Wednesday, Eurozone producer price figures for
July are due from Eurostat. Economists forecast producer prices to
fall 2.1 percent year-on-year in July, following a 2.2 percent drop
in June. On a monthly basis, producer prices are forecast to drop
0.1 percent.
Ahead of the data, the euro showed mixed trading against its
major rivals. While the euro fell against the pound, the U.S.
dollar and the yen, it held steady against the Swiss franc.
As of 4:55 am ET, the euro was trading at 0.7346 against the
pound, 1.0842 against the Swiss franc, 1.1245 against the U.S.
dollar and 135.08 against the yen.
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