Euro Mixed Ahead Of German GfK Consumer Sentiment Index, PPI
October 25 2016 - 9:55PM
RTTF2
Germany's GfK consumer confidence survey results for November
and import prices for September are due to be released in the
pre-European session on Wednesday at 2:00 am ET. The
forward-looking index is expected to remain at 10 in November.
Economists forecast the import prices to drop 1.9 percent annually
in September, following a 2.6 percent fall in August.
Ahead of these data, the euro showed mixed trading against its
major rivals. While the euro rose against the pound and the Swiss
franc, it held steady against the U.S. dollar and the yen.
As of 1:55 am ET, the euro was trading at 0.8949 against the
pound, 1.0833 against the Swiss franc, 1.0887 against the U.S.
dollar and 113.54 against the yen.
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