Euro Steady Ahead Of German PPI Data

01:55, 20th October 2014

(RTTNews) - At 2:00 am ET Monday, German Statistical Office DESTATIS is scheduled to release its September producer prices report. Producer prices are expected to drop 1 percent year-over-year in September after the 0.8 percent fall in August. On a month-over-month basis, producer prices are estimated to remain unchanged following the 0.1 percent decline in August.

Ahead of the data, the Euro held steady against its major rivals.

As of 1:55 am ET, the Euro was trading at 0.7919 against the Pound, 1.2074 against the Swiss franc, 1.2755 against the U.S. dollar and 136.84 against the Yen.