Euro Rises Ahead Of German PPI

At 3:00 am ET Monday, Destatis is scheduled to issue producer prices for February. Economists forecast Germany’s prices to gain 0.3 percent annually, following a 0.7 percent rise in January.

Ahead of the data, the euro rose against its major rivals.

As of 2:55 am ET, the euro was trading at 0.8686 against the pound, 1.0728 against the Swiss franc, 1.0769 against the U.S. dollar and 121.32 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com
Source: Forex News