Euro Mixed Ahead Of Eurozone PPI
At 5.00 am ET Thursday, Eurostat is slated to publish euro area
producer prices for February. Economists forecast producer prices
to rise 0.6 percent on month, slower than the 1.4 percent increase
Ahead of the data, the euro showed a mixed trend against its
major rivals. While it fell against the yen and the franc, it was
steady against the greenback. Against the pound, it climbed.
The euro was worth 129.99 against the yen, 1.1876 against the
greenback, 0.8653 against the pound and 1.1023 against the franc as
of 4:55 am ET.