Euro Falls Ahead Of Eurozone PPI
02 July 2021 - 2:59PM
RTTF2
At 5.00 am ET Friday, Eurostat releases euro area producer price
data for May. Producer prices are forecast to climb 9.5 percent on
a yearly basis, faster than the 7.6 percent increase seen in
April.
Ahead of the data, the euro weakened against its major
rivals.
The euro was worth 131.83 against the yen, 1.0956 against the
franc, 0.8600 against the pound and 1.1829 against the greenback as
of 4:55 am ET.
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