News Column

Euro Mixed Ahead Of German Import Price Index

June 26, 2014

BRUSSELS (Alliance News) - Destatis is set to release the German import price index for May at 2:00 am ET Friday. The index is seen flat on month, compared to a decline of 0.3% last month. Year-on-year, the index is seen to fall to 2.4%, from 2.2% decline in the previous April.

Ahead of the data, the Euro showed mixed trading against its major rivals. While the euro rose against the greenback, it held steady against the pound. Against the Swiss franc and the yen, it fell.

As of 1:55 am ET, the Euro was trading at 0.7996 against the Pound, 1.3626 against the US dollar, 1.2158 against the Swiss franc and 138.16 against the Yen.

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Source: Alliance News

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