Euro Steady Ahead Of German PPI
19 August 2016 - 11:55AM
RTTF2
Destatis is slated to publish Germany's producer prices for July
is due to be released in the pre-European session on Friday at 2:00
am ET. Economists forecast prices to drop 2.1 percent year-on-year,
following a 2.2 percent fall in June.
Ahead of the data, the euro held steady against its major
rivals.
As of 1:55 am ET, the euro was trading at 0.8624 against the
pound, 1.0836 against the Swiss franc, 1.1335 against the U.S.
dollar and 113.61 against the yen.
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