Euro Steady Ahead Of German PPI Data
October 20 2014 - 1:55AM
RTTF2
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.
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