Euro Mixed Ahead Of German PPI
01:55, 20th August 2014
(RTTNews) - Destatis is scheduled to release the German producer price index for July at 2:00 am ET Wednesday. The index is seen in line with the previous month's reading at 0 percent. Year-on-year, the index is seen to decline to 0.7 percent, in line with last month.
Ahead of the data, the Euro showed mixed trading against its major rivals. While the euro rose against the yen, it fell against the U.S. dollar. Against the pound and the Swiss franc, the euro held steady.
As of 1:55 am ET, the Euro was trading at 0.8011 against the Pound, 1.2112 against the Swiss franc, 137.30 against the Yen and 1.3303 against the U.S. dollar.
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