Euro Drops Ahead Of Eurozone PPI
March 03 2015 - 4:57AM
RTTF2
At 5.00 am ET Tuesday, Eurozone producer price figures are due
from Eurostat. Economists forecast producer prices to fall 3
percent year-on-year in January, following a 2.7 percent drop in
December. On a monthly basis, producer prices are forecast to drop
0.7 percent.
The euro fell against its major rivals ahead of the data. The
euro was worth 1.1173 against the greenback, 1.0732 against the
franc, 0.7271 against the pound and 133.87 against the yen at 4:55
am ET.
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