News Column

Euro Steady Ahead Of German Import Price Index

May 27, 2014

BRUSSELS (Alliance News) - Destatis is set to release the German import price index for April at 2:00 am ET Wednesday. The index is seen flat on month, compared to a decline of 0.6%. Year-on-Year, the index is seen to fall to 2.2%, from 3.3% in the previous March.

Ahead of the data, the Euro held steady against its major rivals.

At 1:55 am ET, the Euro was trading at 0.8111 against the Pound, 1.2230 against the Swiss franc, 1.3633 against the US dollar and 138.97 against the Yen.

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Source: Alliance News

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